Reeves outlines targeted measures to protect UK economy

Chancellor Rachel Reeves says the UK will take targeted steps to shield the economy from war impact. The plan aims to avoid any lasting interest rate hikes.

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United Kingdom Chancellor Rachel Reeves will implement targeted economic interventions to shield the British economy from the United States-Israel war on Iran. This strategy aims to prevent a repeat of the 2022 energy crisis. Investors face higher borrowing costs if these geopolitical shocks trigger a permanent increase in interest rates.

Avoiding the Interest Rate Trap

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