US EditionWill Reeves and Starmer Face a Difficult Christmas After the Leaky Budget?
Pre-release leaks of 15 Budget parts and a delayed announcement caused market turmoil, triggering bond sell-offs, higher mortgage rates, and rising unemployment, analysts say.
6 Articles
6 Articles
Leaks and lateness have made this Budget the most hated in history
Markets loathe uncertainty, and Rachel Reeves’s Budget was supposed to restore stability, says James Moore. Instead, loose lips and U-turns rattled investors and revived doubts about Labour’s grip on the economy
Kemi Badenoch has described Rachel Reeves as “the worst chancellor in the country” in a sharp criticism of the “more chaotic” budget that is remembered. The conservative leader denounced the “total disaster” of the leaks and sense changes supervised by the chancellor during a forceful performance in the House of Commons. Badenoch described the laborist economic package as a “heterogenous mixture of misery” with higher taxes on homes, cars and pe…
Business leaders urge Reeves to resign ‘like Hugh Dalton’ after Budget leaks: ‘More leaks than the Titanic’ – Your Capital Minds
Chancellor Rachel Reeves is facing mounting calls to resign from frustrated business owners after a series of leaks ahead of this week’s Budget – drawing comparisons with Labour Chancellor Hugh Dalton, who quit in 1947 after briefing a journalist moments before delivering his statement. The criticism intensified after the Office for Budget Responsibility accidentally published its full economic forecast online hours before Reeves’ speech. The OB…
Business leaders urge Reeves to resign ‘like Hugh Dalton’ after Budget leaks: ‘More leaks than the Titanic’
Chancellor Rachel Reeves is facing mounting calls to resign from frustrated business owners after a series of leaks ahead of this week’s Budget – drawing comparisons with Labour Chancellor Hugh Dalton, who quit in 1947 after briefing a journalist moments before delivering his statement. The criticism intensified after the Office for Budget Responsibility accidentally published its full economic forecast online hours before Reeves’ speech. The OB…
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