Rachel Reeves Need Not Fear the Bond Vigilantes
As any decent accountant knows, the UK’s new chancellor just needs to tell a convincing story.
The new chancellor, Rachel Reeves.
Photographer: Hollie Adams/BloombergWelcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
I’m afraid it’s not your usual Friday roundup this week. No, apparently there was some big event in the UK yesterday, and I really feel I need to mention it this morning.