The bond market is wrong. Reeves should not cut welfare to placate the City

The bond market is wrong. Reeves should not cut welfare to placate the City - short news


Keeping the markets onside is the chancellor’s priority but it’s not an easy task given their simplistic, misplaced views on welfare cuts

There are less than three weeks to go. In the lengthy wait for Rachel Reeves’s autumn budget, the chancellor will on Monday get the first verdict on her tax and spending plans from the Office for Budget Responsibility (OBR).

After the interminable weeks of speculation, kite flying and bad headlines, this moment matters. Has the widely..


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source: The Guardian - 09.11.2025

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