Rachel Reeves faces criticism over economic management as growth stalls and pound weakens

Labour Chancellor Rachel Reeves faces criticism for her handling of the economy since taking office. Economic growth has stalled, and predictions suggest a potential recession due to tax increases and spending decisions. Deutsche Bank forecasts that Reeves' tax hikes could lead to significant job losses, with estimates of over 100,000 jobs at risk. Inflation concerns have also resurfaced, impacting interest rates and mortgage costs. The pound has weakened, prompting Deutsche Bank to advise investors to sell sterling. Concerns about government bond yields and fiscal stability continue to grow, raising questions about Reeves' economic management.