Chancellor to warn that UK must ‘fight’ to boost economy

Rachel Reeves will promise to go “further and faster” to kick-start the UK economy in a keynote speech scheduled at 10am, as she tries to convince business that the government is committed to driving growth.

Reeves will signal she is prepared to have a “fight” with opponents — including environmentalists — who stand in the way of the government’s planning reforms.

The chancellor is under pressure to reassure companies and investors after her tax-raising Budget in October, the government’s package of employment reforms, and a rise in gilt yields amid fears about stagflation.

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