In the City: Rachel Reeves Calms Some Nerves
Leaders with Francine Lacqua
Bloomberg
4.6 • 64 Ratings
🗓️ 26 March 2025
⏱️ 16 minutes
🧾️ Download transcript
Summary
UK Chancellor of the Exchequer Rachel Reeves has delivered her Spring Statement, and Bloomberg Chief UK Economist Dan Hanson and senior reporter Phil Aldrick join host Allegra Stratton to share their assessment. Aldrick posits that it wasn't "quite the horror show that some people were fearing" because restoring Britain's fiscal headroom didn't require severe public service and welfare cuts. But Hanson notes that even so, she's left herself little room to manoeuvre for the unexpected.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You can get the news whenever you want it with Bloomberg News Now. I'm Amy Morris. And I'm Karen |
| 0:06.3 | Moscow here to tell you about our new on-demand news report delivered right to your podcast feed. |
| 0:12.4 | Bloomberg News Now is a short five-minute audio report on the day's top stories. Episodes are |
| 0:17.9 | published throughout the day with the latest information and data to keep you informed. |
| 0:22.4 | Yes, there are other products like this from a variety of news organizations, but they usually |
| 0:27.9 | rerun their radio newscasts throughout the day. That's not what we do. We create customized |
| 0:33.8 | episodes that can only be heard on Bloomberg News Now. |
| 0:39.6 | And we don't wait an hour to publish breaking news. |
| 0:43.5 | When news breaks, we'll have an episode up in your podcast feed within minutes. So you're always getting the latest stories and developments. |
| 0:46.9 | Get the reporting and the context from Bloomberg's 3,000 journalists and analysts |
| 0:51.4 | we're all over the world. |
| 0:53.0 | Listen to the latest from Bloomberg News |
| 0:54.9 | Now on Apple, Spotify, or anywhere you listen. |
| 1:01.4 | Bloomberg Audio Studios, Podcasts, Radio News. Welcome to In the City. Each week we unpack a story |
| 1:10.1 | that's crucial to the world's financial capitals. |
| 1:13.3 | I'm Allegra Stratton. |
| 1:14.8 | Chancellor Rachel Reeves has delivered her spring statement. |
| 1:18.5 | And in Reeves' address to Parliament, she said her task is to secure Britain's future in a world that is changing before our eyes. |
| 1:25.6 | Mr Speaker, the job of a responsible government |
| 1:28.4 | is not simply to watch this change. |
| 1:31.3 | This moment demands an active government. |
| 1:34.2 | A government not stepping back, but stepping up. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.