• Cable nudges up to 1.2463 before UK finmin Reeves outlines growth plans

• UK economy has flatlined since Labour won power in July last year

• 1.2463 is highest level since Tuesday's 1.2415 low on U.S. tariff concerns

• White House says Trump still plans to impose Feb 1 tariffs on Canada, Mexico

• Fed rate hold expected at 1900 GMT. BoE rate cut expected next week (Feb 6)

• BoE Governor Bailey to address TSC about BoE FSR from 1415 GMT

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(Robert Howard is a Reuters market analyst. The views expressed are his own)