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Evening Standard

David Lynch

Ministers await inflation data as Reeves defends response to market turbulence

Rachel Reeves Inflation Tulip Siddiq Laurie Magnus United Kingdom

Chancellor of the Exchequer Rachel Reeves is sticking to her plan to kickstart economic growth (House of Commons/PA) - (PA Wire)

Chancellor Rachel Reeves is awaiting inflation data as the Treasury continues to grapple with rising borrowing costs and market turmoil.

The latest indicator of the economy’s health is expected on Wednesday morning, and December’s rate is likely to remain at 2.6%, the same as the previous month.

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Hurricane Isaias path tracker update: Airports closed, oil and gas production hit as dangerous Tropical storm to make landfall Florida, Alabama, or Mississippi. Check timings, date

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One subscription that gives you access to news from hundreds of sites

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