Rachel Reeves responded to criticism of her economic policies, emphasizing that rising borrowing costs are a global issue and that economic growth is her primary concern.
Reeves stressed that boosting the UK's economic growth is the "number one mission of the Labour government" and reiterated her commitment to meeting with regulators for better outcomes.
Despite facing backlash for her recent decisions, Reeves defended them as necessary actions, stating they were "difficult decisions" but ultimately were in the best interest of the country.
The backdrop of her remarks included a report that indicated the UK economy grew by just 0.1% in November, raising fears of prolonged stagnation.
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