Britain’s £25bn banking problem piling pressure on Rachel Reeves
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...
Reeves still needs to soothe bond markets over British finances
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
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 saw inflation sink 0.1 per cent to 2.5 per cent in December, the drop
Fresh misery for Rachel Reeves as record rise of UK businesses in financial distress
Economic uncertainty seen since the Chancellor's budget continues as analysis suggests an "historic jump" in the number of businesses in financial distress.
‘Right thinking but a difficult position’: global investors’ verdict on Rachel Reeves at Davos
“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.”
Rachel Reeves sends business confidence 'nose-diving' as firms report record high tax fear
Record concerns about new tax burdens are one of the main drivers behind the drop in confidence among businesses.
UK's Reeves to meet key financial services sectors
British finance minister Rachel Reeves said on Monday she would meet representatives from key financial services sectors, such as banking and insurance, over the coming months to formulate a new growth and competitiveness strategy.
London Evening Standard13d
Inflation rate dipped to 2.5% in December
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%.
Bank of England warns ministers stability not growth is top priority
Deputy governor Sam Woods told Keir Starmer that delivering economic growth and 'encouraging responsible risk-taking', was not its main focus.
London Evening Standard12d
Interest rates 'to be cut within weeks' as weak GDP figures deal new blow to Labour Chancellor Rachel Reeves
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 ...
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 a recent period of volatility.
Why small drop in inflation is big relief for Rachel Reeves: The Yorkshire Post says
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.