Rachel Reeves Exclusive: Is Market Reaction Defining The Budget?

In this insightful discussion, Rachel Reeves, the UK’s Chancellor of the Exchequer, addresses the market reaction to her first budget amidst rising government borrowing costs. Valerie Tytel, a Bloomberg markets reporter, provides expert analysis on the implications of increased UK gilt yields and the challenges of managing debt in a post-pandemic landscape. The conversation delves into the government's economic strategy, highlighting the delicate balance between fiscal stability and growth while navigating political and economic pressures.