British finance minister Rachel Reeves will say on Wednesday that she is ready for a fight to push forward her plans to speed up the country's slow-moving economy that have grown in urgency after this month's bond market slump.
When Santander boss Ana Botin met Rachel Reeves at the annual Davos jamboree last week, the atmosphere may have been frostier than the ski slopes outside...
Economic uncertainty seen since the Chancellor's budget continues as analysis suggests an "historic jump" in the number of businesses in financial distress.
UNDER-pressure Rachel Reeves was given a glimmer of hope as inflation fell — raising interest rate cut hopes. The Chancellor saw inflation sink 0.1 per cent to 2.5 per cent in December, the drop
“Rachel Reeves is thinking the right way but she’s in a difficult position,” said a senior UK bank executive in Davos . “Labour in the UK have made a lot of good decisions but it is very hard for them and the [bond market] challenges of last week reinforce that issue.”
The rate of inflation unexpectedly fell slightly to 2.5% in December in a surprise boost to embattled Rachel Reeves ... remains stubbornly above the Bank of England’s target of 2%.
Spare a thought for the Chancellor. She’s going through a tough time. The headlines at the moment are brutal. While Number 10 has now backed her to remain as Chancellor for the rest of the parliament,
Rachel Reeves promised to restore economic stability, but the outcome of her various actions has been to increase uncertainty
Economists believe that the Bank of England’s Monetary Policy ... The figures come after a difficult past couple of weeks for Chancellor Rachel Reeves, after government borrowing costs surged ...
After 14 years of economic stagnation, this Government’s number one mission is to grow our economy. I will fight every day to deliver that growth and put more money into working people’s pockets'
Gilts posted a recovery on Wednesday, while the FTSE 100 climbed higher, after the latest inflation figures came in lower than expected.
A 0.1 per cent drop in inflation may not sound like much but the marginal figure is one that may prove particular significant for Rachel Reeves.