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UK finances worst since 1945 – new chancellor
Rachel Reeves has blamed the Tories for wrecking the economy during their 14 years in power The UK’s new Labour government has inherited the worst economy since the Second World War, the newly appointed Chancellor of the Exchequer Rachel Reeves has said. Reeves overtook the country’s finances after Labour won 412 out of the 650 seats in the House of Commons last week, ending the 14-year Tory rule. “I have repeatedly warned that whoever won the general election would inherit the worst set of circumstances since the Second World War,” Reeves said in a speech at the Treasury on Monday. “We face the legacy of 14 years

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