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Evening Standard
Evening Standard
Business
Anna Wise

Slower UK inflation relieves pressure on Rachel Reeves as financial markets calm

New inflation data provide some reprieve for Rachel Reeves -

A surprise dip in UK inflation last month has provided some reprieve for Rachel Reeves, as financial markets calmed following a recent period of volatility.

The cost of Government borrowing eased on Wednesday morning in a tentative sign of relief among traders after more heightened economic concerns.

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