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The Budget: Starmer Defends The Chancellor

The Budget: Starmer Defends The Chancellor

Summary

Prime Minister Starmer defended Chancellor Reeves, who was accused of not providing the full picture in a recent speech about economic forecasts. Meanwhile, the UK and US have agreed on a deal regarding pharmaceutical shipments, where the UK will pay more for medicines to keep US import taxes at zero.

Key Facts

  • Prime Minister Starmer supported Chancellor Reeves against accusations of misleading the public and the cabinet.
  • Reeves was accused of not highlighting the positive aspects of forecasts in a speech on November 4th.
  • The UK and US have reached an agreement on tariffs for pharmaceutical shipments.
  • Under the agreement, the UK will pay higher prices for medicines through the NHS.
  • In return, the US will maintain zero import taxes on UK-made pharmaceuticals for three years.
  • The information was discussed on a BBC Newscast episode available for over a year.

Source Information