Jul 3rd, 2025
Starmer Backs Reeves After Tears Prompt Selloff, Trump Tax Bill Latest | Bloomberg The Pulse 07/03
UK markets rebounded from a sharp selloff as Prime Minister Keir Starmer sought to calm speculation about a possible exit by Chancellor of the Exchequer Rachel Reeves by saying she will stay in the role for many years to come. In a BBC interview late Wednesday, Starmer gave Reeves his full backing. “She and I work together, we think together,” he said, adding, “We’re in lockstep.” In US politics, House Republicans overcame a critical procedural hurdle to advance President Donald Trump’s massive tax and spending package early Thursday, holding a key vote open for hours past midnight as the president and his allies worked to win them over. Today's guests: Subitha Subramaniam, Sarasin & Partners Head of Investment Strategy, Rajaa Mekouar, Calista Direct Investors CEO, Eileen Burbidge, Passion Capital Founding Partner & Fertifa Executive Director, Andrea Illy, Illycaffe Chairman



