Has Rachel Reeves crashed the economy?
January 13, 2025
18 min
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617 of 1,000
January 13, 2025
Has Rachel Reeves crashed the economy?
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Sky News Episodes Around January 13, 2025
Episode 617 of 1,000 — walk the feed in the order it was published.
18:54This episodeHas Rachel Reeves crashed the economy?
Summary
Chancellor Rachel Reeves is not having the easiest time reining in the economy. Last week saw markets turn against Labour's economic strategy - with the cost of government borrowing surging and the pound dropping to its lowest value against the dollar since November 2023. <br /> <br />On today's Sky News Daily, Niall Paterson is joined by our economics and data editor Ed Conway to understand what is causing the UK's growth to flatline. Is it a result of "global trends" as the government would have us believe? Or are the troubled chancellor's budget rules too tight and starting to unravel? <br /> <br />And as the global economic landscape continues to respond to world events - including the imminent arrival of a second Donald Trump term - what can the beleaguered chancellor do to ensure the economy bounces back? <br /><br />Producer: Soila Apparicio <br />Editor: Philly Beaumont
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