Reeves’ Buffer at Risk From Migration Clampdown and Rising Spending

The juxtaposition of Reeves’ efforts to instill confidence and the looming threats from migration policies and spending increases highlights the precarious nature of fiscal management in the UK. As the government grapples with these pressures, the balance between maintaining fiscal discipline and addressing social needs will be critical. Investors and policymakers alike will be watching closely to see how the Chancellor navigates these challenges.