Rachel Reeves Must Assure Investors She Won’t Harm the UK Economy

London: Rachel Reeves is in Davos this week, trying to win over investors. She needs to show them that the UK economy isn’t heading for disaster. It’s a tough sell, especially with UK voters feeling anxious.

The big shots at the Swiss ski resort see the same warning signs as everyday folks back home. Unemployment is creeping up to 4.4%, and there’s been a drop in payrolled jobs since 2020. It’s hard for Reeves to defend her decision to raise National Insurance when it’s making it tougher for people to find work.

When folks worry about their jobs, they tend to spend less. Retail sales took a hit in December, marking the lowest food sales in over ten years. Reeves is eager to attract investment to spark growth. The last thing the UK needs is to be seen