Chancellor Rachel Reeves faced questions from the Treasury Select Committee about potential tax hikes for Britons. She acknowledged the tough choices made in her October Budget but asserted that public finances are now more stable.

Looking ahead, she pointed to an upcoming spending review in June that will detail future capital and day-to-day expenditures. Reeves reaffirmed her dedication to maintaining free trade with the US, dismissing suggestions for posturing on tariffs.

The Digest, 4/3/2025 @1230AM, CDT

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