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Reeves to open ‘front door’ for investors in UK with concierge service

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Rachel Reeves is to launch a “concierge service” to smooth the way for international financial services companies moving to and expanding in the UK, part of her efforts to boost the City of London. … Read more

Rachel Reeves looks at reforms aimed at curbing fiscal volatility

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves is examining reforms to her budget regime to avoid another unexpected springtime fiscal repair job as she comes under mounting investor pressure to curb the volatility of UK economic policymaking. The UK chancellor … Read more

Nervy markets put Reeves and Starmer on notice

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves finds herself stuck between Liz Truss, Donald Trump and Labour MPs. This week, the bond market illustrated what an awkward spot that is. Ever since the general election that swept Labour back to … Read more

Investor fright over Reeves’ tears shows fragility of UK finances

This week’s sell-off in UK gilts, sparked by a tearful Rachel Reeves in the House of Commons, showed how fragile investor confidence is in Britain’s precarious fiscal position.  The merest suggestion that the chancellor may leave her job, caused by Sir Keir Starmer’s initial failure to fully back her on Wednesday, was enough to spook … Read more

Gilts rally after Starmer says Reeves will remain as chancellor for ‘a long time’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK government bonds rallied on Thursday after Sir Keir Starmer said Rachel Reeves would be chancellor for a “very long time”, allaying investor fears over her position. The prime minister made the promise after he … Read more

Rachel Reeves faces £5bn fiscal hole after welfare reform U-turn

Rachel Reeves was given a grim reminder of the fragility of the public finances when the UK’s fiscal watchdog admitted on Tuesday that its forecasts — upon which her economic strategy rests — have repeatedly been too optimistic. On the day the chancellor confronted a £5bn fiscal hole created by the government’s capitulation on welfare … Read more

Rachel Reeves hires Alex Depledge as UK entrepreneurship adviser

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves has appointed Alex Depledge, a champion of female start-ups, as the UK Treasury’s first entrepreneurship adviser, as the chancellor tries to improve her government’s relationship with high-growth companies. Depledge, who has set up … Read more

Rachel Reeves to set out 10-year UK infrastructure plan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves will this week announce what she claims will be a £725bn ten-year infrastructure plan for Britain, starting with a new programme to repair crumbling bridges, flyovers and tunnels. Allies of the chancellor say … Read more

Reeves’ plans contending with the bond market

LONDON, UNITED KINGDOM – MARCH 26, 2025: Britain’s Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of the announcement of the Spring Statement in the House of Commons in London, United Kingdom on March 26, 2025. (Photo credit should read Wiktor Szymanowicz/Future Publishing via Getty Images) Wiktor Szymanowicz | Future Publishing | … Read more

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