Reeves Risks Market Backlash If Debt Doesn’t Stabilize, IMF Says
- Warning comes as chancellor prepares Labour’s first budget
- Says UK risks ‘elevated,’ urges tax rises and spending cuts
Rachel Reeves
Photographer: Anthony Devlin/BloombergThis article is for subscribers only.
UK Chancellor Rachel Reeves could face a market backlash unless she makes rapid efforts to stabilize the national debt, the International Monetary Fund warned.
Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen