The UK’s budget gap is widening and markets want to know Reeves’ fix - Echo Global News

Wednesday, July 16, 2025

The UK’s budget gap is widening and markets want to know Reeves’ fix



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"I said on day one that economic growth was now our national mission," U.K. Finance Minister Rachel Reeves said in her first Mansion House speech almost a year ago.

Fast forward to today and investors remain unconvinced, rattled by a slowing economy, muted investment and U.K. government debt that is nearly 100% of gross domestic product (GDP), according to the Office for Budget Responsibility, the government's fiscal watchdog.

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