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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world British Chancellor of the Exchequer Rachel Reeves has had a rough 18 months in office. But with some skill, and a lot of luck, there is a narrow path to turn the UK’s economic doom loop — of weaker sentiment leading to higher borrowing costs, and vice versa — into more of a virtuous circle. There’s sure to be plenty of public howling on Nov. 26 if she does, as she’s signaled, unleash a wave of tax rises. But the most important constituencies for her right now, as she seems to grasp, are the Bank of England’s Monetary Policy Committee and the government-bond market.
