• UK Chancellor Rachel Reeves vowed to smooth the path for further Bank of England interest rate cuts, according to the Financial Times.

  • She said her upcoming Budget would focus on curbing inflation and reducing the cost of living.

  • Reeves told the FT she is determined to get a grip on borrowing and will include measures to cut household bills, creating room for the BoE to deliver more rate cuts in the coming months.

Source: Investing Live