Reeves rejects claims economic turbulence is a ‘crisis made in Downing Street’ but admits need to ‘go faster’

Rachel Reeves defended her economic plan, rejecting claims of a crisis originating from Downing Street and emphasizing the need for further economic growth. While committing to fiscal rules, she hinted at potential future spending cuts or tax increases to comply with rising borrowing costs. Reeves attributed the rise in bond yields to international factors, dismissing suggestions that the government’s decisions were solely responsible, as calls for her dismissal grow amid economic turbulence.

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