UK Finances Worst since 1945: New Chancellor

TEHRAN (Tasnim) - The UK's new Labor government has inherited the worst economy since the Second World War, the newly appointed chancellor of the exchequer, Rachel Reeves, has said.

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Reeves took charge of the country's finances after Labor won 412 of the 650 seats in the House of Commons in last week's general election, ending 14 years of Conservative Party rule, RT reported.

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