UK finance minister seeks to promote Britain as safe bet in uncertain world

By David Milliken WASHINGTON, Oct 14 (Reuters) – British finance minister Rachel Reeves wants to promote Britain as a fiscally responsible investment destination at meetings in Washington this week, three years after one of her predecessors was called home early to be sacked due to a market crisis. Britain's Labour government, elected in July 2024, regularly contrasts itself with the short-lived Conservative administration of Prime Minister Liz Truss, who axed her finance minister Kwasi Kwarteng after bond markets plunged in response to their budget plans. But British government borrowing costs are now above where they were during Truss' time and are the highest among the Group of Seven rich nations. Some investors blame the premium on British government debt on lasting damage to the count