Rachel Reeves
Showing 1–2 of 2 transcripts.
- The Economist8 min
Britain’s chancellor: closer relations with the EU are in our national interest
Rachel Reeves, Rachana Shanbhogue
The UK government has formalized a strategy for broader regulatory alignment with the EU to unlock an estimated 8% GDP boost, moving beyond previous sectoral deals in areas like food and energy to mitigate isolation risks from global protectionism. Led by the Chancellor and recently discussed with European Commission President Ursula von der Leyen, this approach prioritizes functional market integration while explicitly rejecting a return to the EU or Customs Union to avoid political division. European partners have welcomed these concrete commitments, viewing the UK's shift as a pragmatic step toward shared economic growth and security that leverages the nation's position as a G7 growth leader.
- The Economist21 min
In with a chancellor: dissecting Britain’s growth plan
Rachel Reeves, Jason Palmer, Zannie Minton-Pettos, Eleanor Whitehead, Fraser McIlwraith
Over 200 days into its term, the UK's Labour government under Chancellor Rachel Reeves confronts stagnant growth and bond market volatility through a £40 billion tax increase and a supply-side strategy aimed at unlocking business investment. Simultaneously, Australia's 2025 federal election campaign is defined by a culture war over Australia Day, where Prime Minister Anthony Albanese's reforms clash with Opposition Leader Peter Dutton's "anti-woke" pledge to restore traditional citizenship ceremonies. In a separate historical context, The Economist's "Archive 1945" series analyzes the Soviet capture of the industrial Silesia region, detailing how this January 1945 advance crippled German war production and liberated victims from Nazi concentration camps.