Reeves’ Budget Relies on British Consumers Splashing Their Cash

Around a decade ago the Bank of England was infamously described as the UK economy’s “unreliable boyfriend.” Now that role has fallen to the British consumer, just as Rachel Reeves...

By Irina Anghel · Bloomberg

Around a decade ago the Bank of England was infamously described as the UK economy’s “unreliable boyfriend.” Now that role has fallen to the British consumer, just as Rachel Reeves counts on a resurgence in spending to make her numbers stack up.