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Keywords: Rachel Reeves


Markets certain Bank of England will cut interest rates next month

Financial markets now fully anticipate that the Bank of England will lower interest rates in May, driven by the evolving global economic impact of Donald Trump’s trade policies. On Tuesday, LSEG data initially showed an 82% probability of a rate cut from 4.5% to 4.25% on 8 May. However, that probability......

UK Economy Faces Unexpected Contraction in January

The United Kingdom’s economy experienced an unexpected contraction in January, with Gross Domestic Product (GDP) shrinking by 0.1% following a 0.4% increase in December, according to the Office for National Statistics (ONS). This economic downturn presents a fresh challenge for the government as......

Groundbreaking Morocco-UK power project seeks $29.9 billion for world's longest subsea cable

The ambitious Xlinks Morocco-UK power project, set to become the world's longest subsea cable at 4,000 kilometers, is actively seeking political backing to secure its £24 billion ($29.9 billion) investment plan. The project aims to connect Moroccan renewable energy directly to British homes,......

Rachel Reeves Sets the Stage for Economic Transformation

In a pivotal moment for the UK, Chancellor Rachel Reeves is poised to unveil a Budget that promises significant tax increases, substantial borrowing, and ambitious spending initiatives. This Budget is not just a financial statement; it is a declaration of intent that aims to reshape the political landscape......

Labour’s First 100 Days Under Keir Starmer: A Challenging Start for the New Prime Minister

London, United Kingdom, as Keir Starmer prepares to mark his first 100 days in office as Prime Minister this Saturday, his government’s performance has drawn significant criticism, with many deeming it the “worst start in living memory.” An October 8 YouGov poll reveals that Starmer’s......

Protester Disrupts UK Chancellor's Speech, Calls for End to Arms Sales to Israel

During a recent Labour Party conference in Liverpool, a protester interrupted British Chancellor Rachel Reeves as she delivered her keynote address. The individual vocally demanded an immediate halt to arms sales to Israel, reflecting growing public discontent regarding the UK's military support......