Chancellor faces economic pressure as cabinet ministers urge public patience

news.sky.com

Chancellor Rachel Reeves is under pressure due to volatile markets and rising government borrowing costs. Health Secretary Wes Streeting urged the public to give her time, expressing confidence in her leadership and the difficult choices she faces in managing the economy. International Development Minister Anneliese Dodds supported Reeves, highlighting her long-term economic plan and recent achievements. She emphasized the importance of focusing on the fundamentals and the positive international perception of the UK's economic management. While Reeves is in China seeking investment, opposition parties criticize her absence during economic turmoil. She maintains that her plans aim to restore stability and prioritize growth, with potential deeper spending cuts and welfare reductions on the table.


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