Britain’s Treasury chief tries to turn on the economic optimism after months of gloomy talk ...Middle East

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Britain’s Treasury chief tries to turn on the economic optimism after months of gloomy talk
LIVERPOOL, England (AP) — British Treasury chief Rachel Reeves will pledge Monday not to return to an era of public spending cuts despite the dire state of the U.K.’s national finances. Reeves plans to stress optimism in a speech to the Labour Party’s annual conference, aiming to reassure party members, jittery despite a recent landslide election victory, that her first budget next month won’t be all doom and gloom. The party said Reeves, the U.K.’s first female finance minister, will stress that “my optimism for Britain burns as bright as it ever has done.” The center-left party is gathering in the northwest England port city of Liverpool three months after winning power in Britain’s July 4

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