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Britain's Chancellor of the Exchequer, Rachel Reeves, holds up the traditional red ministerial box containing her budget speech, as she poses for the media outside No 11 Downing Street, before departing to the House of Commons to deliver the budget in London, Wednesday, Oct. 30, 2024. (AP Photo/Kirsty Wigglesworth)

Britain's Chancellor of the Exchequer, Rachel Reeves, holds up the traditional red ministerial box containing her budget speech, as she poses for the media outside No 11 Downing Street, before departing to the House of Commons to deliver the budget in London, Wednesday, Oct. 30, 2024. (AP Photo/Kirsty Wigglesworth)

Britain's Prime Minister Keir Starmer and Chancellor Rachel Reeves speak with members of staff, during a visit to University Hospital Coventry and Warwickshire, in Coventry, England, Thursday, Oct. 31, 2024. (AP Photo/Darren Staples, pool)

Britain's Prime Minister Keir Starmer and Chancellor Rachel Reeves speak with members of staff, during a visit to University Hospital Coventry and Warwickshire, in Coventry, England, Thursday, Oct. 31, 2024. (AP Photo/Darren Staples, pool)

Chancellor of the Exchequer Rachel Reeves delivers her first Mansion House speech on financial services in the City of London, during the Financial and Professional Services Dinner, in the Egyptian Hall of Mansion House, Thursday, Nov. 14, 2024. (Isabel Infantes/PA via AP)

Chancellor of the Exchequer Rachel Reeves delivers her first Mansion House speech on financial services in the City of London, during the Financial and Professional Services Dinner, in the Egyptian Hall of Mansion House, Thursday, Nov. 14, 2024. (Isabel Infantes/PA via AP)

Chancellor of the Exchequer Rachel Reeves delivers her first Mansion House speech on financial services in the City of London, during the Financial and Professional Services Dinner, in the Egyptian Hall of Mansion House, Thursday, Nov. 14, 2024. (Isabel Infantes/PA via AP)

Chancellor of the Exchequer Rachel Reeves delivers her first Mansion House speech on financial services in the City of London, during the Financial and Professional Services Dinner, in the Egyptian Hall of Mansion House, Thursday, Nov. 14, 2024. (Isabel Infantes/PA via AP)