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In the City

Reeves' Rocky January Could Be 'Brief Period of Madness' with Jim O'Neill

Jan 16, 2025
21:36

Economist Jim O’Neill says that UK market moves have been exaggerated, but Labour still needs to convince investors its plans are sound. O’Neill also discusses what Chancellor of the Exchequer Rachel Reeves faces going forward. If we are entering a bear market on global bonds, he says, Reeves has an issue with her fiscal framework. But it’s still not time to be an alarmist. 

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