
After a year in office, Britain’s finance minister Rachel Reeves faces a reckoning over unmet promises of economic stability, with a stop-start economy and restive bond markets pointing to another tax-raising budget that she had hoped to avoid.
Wednesday saw the biggest collapse in British government bond prices since the ill-fated 2022 economic agenda of former prime minister Liz Truss, sparked by investor fright at a tearful appearance by Reeves