Rachel Reeves pledges to ‘fix foundations’ of UK economy with growth plan

Chancellor will use first speech to declare ‘national mission’ that involves unblocking infrastructure and private investment

Rachel Reeves has pledged to “fix the foundations” of the British economy, revealing an immediate plan to boost growth by unblocking infrastructure and private investment in her first speech as chancellor.

In an address to business leaders, she will say that economic growth for all parts of the country is “a national mission” and that she will take tough decisions to deliver on the new government’s mandate.

A shake-up of planning regulation, including on green belt land, as well as new housing targets.

Talks to end the junior doctors’ strikes. Wes Streeting will meet the British Medical Association union on Tuesday.

A recruitment advert for a new border security commander, which will go live on Monday.

A reopening and expansion of the government’s teacher recruitment campaign.

A pledge to Ukraine that military aid pledged by Rishi Sunak in April is “guaranteed”, alongside a commitment to boost UK defence spending to 2.5% of GDP. The promises came from the new defence secretary, John Healey, who travelled to meet Ukraine’s president, Volodymyr Zelenskiy.

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