Visual analysis: How the markets boxed in Rachel Reeves
The chancellor lacks room to manoeuvre before her spring statement thanks to the cost of debt interest payments
Rachel Reeves will deliver her spring statement on Wednesday against a backdrop of weak economic growth, rising global uncertainty and higher government borrowing costs.
After a turbulent period since her October budget, she is expected to argue the world has changed. Few places illustrate that more clearly than the financial markets, where conditions have turned against the chancellor. Continue reading...
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