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Sterling edges down, UK's Reeves outlines growth plans - REUTERS

JANUARY 29, 2025

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Jan 29 (Reuters) - The pound fell against the dollar on Wednesday, while British finance minister Rachel Reeves outlined plans for growth, and as currency investors shifted their focus to the U.S. Federal Reserve's upcoming policy decision.

Reeves backed on Wednesday the construction of a long-delayed new runway at London's Heathrow Airport, and also said Britain will boost its economy by resetting ties with the European Union and building on its special relationship with the United States.

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