The markets are calm for now – but the City wants Reeves gone

Bogdan Hofbauer

As voters turn against Labour , businesses lost faith in this dministration long ago, writes Chris Blackhurst . Any shake-up to the cabinet worth anything to them would see the chancellor leaving her post S o far, the markets are quiet. So far. Early reaction in the City to the election results was that they are not as bad for Sir Keir Starmer as feared. The yield on 10-year gilts was just 0.05 percentage points down, actually making it the best European performer, while the pound was up 0.5

The markets are calm for now – but the City wants Reeves gone http://www.independent.co.uk - 09.05.2026 08:34

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The markets are calm for now – but the City wants Reeves gone http://www.independent.co.uk - 09.05.2026 08:34