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...
The UK Chancellor’s messaging at Davos recalled former Taoiseach Enda Kenny’s efforts to extol the recovery of the Irish economy while in the Swiss Alps
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
Economic uncertainty seen since the Chancellor's budget continues as analysis suggests an "historic jump" in the number of businesses in financial distress.
Companies are cutting jobs at the fastest pace since the global financial crisis, barring the pandemic, after Rachel Reeves announced £40bn of tax rises in the Budget, according to a closely watched survey.
“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%.
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 ...
A surprise dip in UK inflation last month has provided some reprieve for Rachel Reeves, as financial markets calmed following a recent period of volatility.
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.
Gilts posted a recovery on Wednesday, while the FTSE 100 climbed higher, after the latest inflation figures came in lower than expected.