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The Independent UK
The Independent UK
Millie Cooke and Kate Devlin

Rachel Reeves refuses to rule out emergency spending cuts amid economic crisis fears

MS Rachel Reeves Downing Street Jimmy Lai Mel Stride China

Rachel Reeves has not ruled out emergency spending cuts as she seeks to calm nerves following days of market turmoil.

A defiant chancellor tried to face down her critics, rejecting claims the potential looming crisis was “made in Downing Street” and urging opponents to “get real”.

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