The UK's budget - it's all about the 'working people'

FILE PHOTO: Britain's Chancellor of the Exchequer Rachel Reeves delivers her keynote speech at Britain's Labour Party's annual conference in Liverpool, Britain, September 23, 2024. REUTERS/Temilade Adelaja/File Photo

LONDON (Reuters) - Speculation is swirling about what new British finance minister Rachel Reeves might announce in her first tax and spending plan this month, but one thing she seems certain to say is that she is doing it for the "working people."

The term "working people" has been used repeatedly by Reeves and Prime Minister Keir Starmer before the Oct. 30 budget as part of their efforts to reassure most voters that they won't be hit by the tax increases that seem to be on the way.