Traders bet on more Bank of England rate cuts in 2025 after data shocks
The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...
Rachel Reeves humiliated by top economist with warning families will be poorer
It comes as Rachel Reeves insisted she would not resign despite a wave of criticism over decisions such as the National ...
Boost for under fire Rachel Reeves after surprise inflation fall raises hopes of interest rate cuts
UNDER-pressure Rachel Reeves was given a glimmer of hope as inflation fell — raising interest rate cut hopes. The Chancellor ...
UK borrowing cost spike evaporates, in boost for Reeves
British government bonds rallied for a third day running on Friday, all but wiping out a sharp spike in yields since the ...
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Rachel Reeves faces crucial three week test to decide on new cuts
Falling inflation and borrowing costs are good news for the Chancellor but the Budget watchdog will not make a call on market ...
Interest rates 'to be cut within weeks' as weak GDP figures deal new blow to Labour Chancellor Rachel Reeves
Most economists were expecting GDP to rebound by 0.2% in November. The figures come after a difficult past couple of weeks for Chancellor Rachel Reeves, after government borrowing costs surged and the ...
Reeves faces 'difficult decisions' on tax and spending
Chancellor Rachel Reeves faces "difficult decisions" if she wants to meet her self-imposed financial rules after borrowing ...
Surprise inflation dip relieves pressure on Rachel Reeves and could pave way for February rates cut
A surprise dip in UK inflation last month has provided some reprieve for Rachel Reeves, as financial markets calmed following ...
Rachel Reeves can run – but her fate is sealed
The Chancellor will be in China this weekend. After that, Rachel Reeves will be in Davos, lecturing the global elite about ...
Rachel Reeves: From child chess champion to ‘iron’ Chancellor
She became Britain’s first female Chancellor in July against a daunting backdrop of a sluggish economy and competing demands ...
Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm
The cost of Government borrowing eased on Wednesday morning in a tentative sign of relief among traders after more heightened ...
Firms set to hike prices to battle Rachel Reeves' tax raid, Bank of England survey suggests
The Bank of England's latest decision maker panel survey of financial chiefs depicted a gloomy picture for the economy, with ...