Market watching Reeves’ moves ahead of UK budget

The UK’s sluggish economy is in the sights of the Chancellor Rachel Reeves as she prepares to launch her second budget later this month.

One of the expected aspects is tax rises, which could prove controversial and have an impact on the wider economy.

If Rachel Reeves commits to so-called “fiscal discipline”, then the upcoming budget could boost insurer balance sheets by fostering a stable bond market. But, with unemployment rising and inflation persisting, the macro background could also remain hostile. 

Please Login or Register for a free account to view this content. Benefits of registering include:

• Receive weekly Insurance Investor newsletter containing the latest articles and news
• Hear about latest industry developments and industry analysis first, and be informed ahead of the rest of the market
• Access exclusive invitations to Insurance Investor industry events in your local region, and meet with peers to network around research-led content programs