Reeves must prepare for jump in defence spending, says Bailey
Rachel Reeves must prepare for a significant jump in defence spending as geopolitical pressures mount, Andrew Bailey has warned. The Governor of the Bank of England said the Government faces “very big structural headwinds” as new military threats emerge and demand extra spending, even as the national debt is already very high.
UK's Reeves budget rule outlook is "on a knife edge," think tank says
British finance minister Rachel Reeves might yet have to make changes to her fiscal plans in March, despite a fall in borrowing costs in financial markets from their peak earlier this month, a leading think tank said on Thursday.
What are Rachel Reeves' growth plans for the UK economy?
British finance minister Rachel Reeves spelled out her plans to revive the country's slow-moving economy on Wednesday, adding to recent pledges to reform investment and planning rules with a commitment to back airport expansion at Heathrow.
UK's Reeves backs new Heathrow runway as focus of growth push
Reeves’ Heathrow-Fueled Growth Plan Will Take Years to Get Off Ground
 · 11hCyprus Mail
Chancellor puts new Heathrow runway at heart of growth push
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...
No trade off between financial stability and growth, warns Bank of England
Governor Andrew Bailey has stressed the need for the UK to increase its economic growth rate as Rachel Reeves set out plans to kick start the economy.
Sterling edges down, UK's Reeves outlines growth plans
The pound fell against the dollar on Wednesday, while British finance minister Rachel Reeves outlined plans for growth, and as currency investors shifted their focus to the U.S. Federal Reserve's upcoming policy decision.
Pound Sterling gains as UK Reeves prioritizes growth and liberalization
The Pound Sterling moves higher against the US Dollar, as investors focus on the Fed’s monetary policy decision. Fading concerns over DeepSeek’s low-cost AI model to challenge US AI models’ dominance have diminished some US Dollar risk-premium.
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.
‘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.”
Bank of England Appoints Fernando Aguirre of DHS Ventures & Holdings to the Economic Policy Council
Bank of England Appoints Fernando Aguirre of DHS Ventures & Holdings to the Economic Policy Council WASHINGTON, DC / ACCESS Newswire / January 29, 2025 / The Chancellor of the Exchequer, Rachel Reeves
Rachel Reeves’s plan for Heathrow to ‘turbocharge’ economy struggles to take off
Rachel Reeves’s plan for Heathrow to ‘turbocharge’ economy struggles to take off - Chancellor’s optimistic economic growth vision hit in the short term as Tesco and Lloyds announce hundreds of job los