Reeves Under Pressure Amid UK Bond Market Turmoil

The transcript discusses the UK's fiscal challenges, focusing on Rachel Reeves' strategy amidst rising borrowing costs and market pressures. It highlights the constraints of her fiscal policy, the market's reaction, and the potential need for spending cuts over tax hikes. The discussion also touches on the UK's labour market issues and the broader economic outlook, emphasizing the political and economic implications of these fiscal decisions.

What challenges does Rachel Reeves face regarding public spending and tax rises?

What does the text suggest about the reliability of official jobs data in the UK?