Reeves’s spring statement? The economy is great, don’t worry about the Middle East

2026-03-03 - 17:33

With no spending or fiscal commitments to offer, the chancellor kept it short, sweet and just a little tin-eared When your luck is out, your luck is out. Time to accept what the fates have to throw at you. It was always going to be a bit of a stretch for Rachel Reeves to maintain she had a brilliant plan and the economy had never been in better health when the figures show a fall in growth and a rise in unemployment. Unless you happen to think those things aren’t so bad after all. To do so three days after the beginning of Donald Trump’s Awfully Big Iranian Adventure when oil and gas prices are rising, the bond markets are in turmoil and stock markets around the world are falling, begins to look a bit previous. Almost tin-eared. Continue reading...