Rachel Reeves

Rachel Reeves, Shadow Chancellor of the Exchequer and MP for Leeds West, dives into the newly reached UK-EU deal covering essential topics like trade and fishing rights. She discusses the benefits of this agreement and its impact on economic stability. The conversation also touches on potential changes to ISAs, the significance of rebuilding trust post-Brexit, and the challenges faced by artists in the age of AI. Plus, find out whether Elton John makes the cut on her music playlist!

Rachel Reeves, the UK's Chancellor of the Exchequer, discusses her potential plan to mandate pension funds to invest in UK assets, aiming to boost the domestic economy. She emphasizes voluntary collaborations where major funds commit a portion to local investments, enhancing opportunities in infrastructure and private markets. Reeves also addresses the importance of creating favorable conditions for UK startups amid challenges from tax changes and emphasizes the pivotal role of skilled immigration in economic growth.

Rachel Reeves, the UK Chancellor of the Exchequer, has made headlines by signing the Mansion House Accord, aimed at boosting domestic investment through pension funds. In this discussion, she details how 17 pension funds will now channel at least 10% into private markets by the end of the decade. Reeves also addresses the balance between maximizing pensions and supporting economic growth, while navigating past challenges in infrastructure investment. The conversation touches on economic stability, wealth retention concerns, and shifting political narratives around tax and immigration.