A reprieve for the UK gilts market will be welcome after a torrid week.

Rachel Reeves came into government promising a growth miracle, economic security and stability in the public finances. Six months in and her project is close to being in tatters.”

Rachel Reeves is safe in her position as Chancellor of the Exchequer, one of the most senior members of Prime Minister Keir Starmer’s cabinet said, after the market turmoil that hit UK assets in recent days raised questions about the future of Britain’s finance minister.

Chancellor of the Exchequer Rachel Reeves said regulators are holding back the UK government’s efforts to lift the economy, her latest bid to convince wary markets that she’s taking action to boost the country’s sluggish growth rate.

The International Monetary Fund has offered only luke-warm support for Rachel Reeves’ big-spending budget, upgrading its growth forecast for this year by just 0.1 percentage points and leaving it as the third fastest growing Group of Seven economy behind the US and Canada.

Andrew Bailey has warned Rachel Reeves against slashing regulations in her drive for growth, cautioning that “none of us will be forgiven for missing the next crisis”.

The embattled UK government will struggle to wrestle back the confidence of investors, with gilts and the pound set to extend their recent losses, according to the latest Bloomberg Markets Live Pulse survey.

Chancellor of the Exchequer Rachel Reeves said Britain will meet its fiscal rules “at all times,” blaming the recent spike in UK borrowing costs on global market volatility and deflecting questions on how she plans to stabilize Britain’s public finances.

Chancellor Rachel Reeves is set to meet with a group of watchdogs today in a bid to kickstart the cutting of red tape in a push to growth.

The UK’s push to deregulate its way to growth has got veterans of the last financial crisis worried that it’s sowing the seeds for another crash. Most Read from BloombergThese Homes Withstood the LA Fires.

UK Prime Minister Keir Starmer said he has “full confidence” in Chancellor of the Exchequer Rachel Reeves and stressed that his government would stick to its fiscal rules in response to a surge in UK borrowing costs.

UK inflation unexpectedly cooled for the first time in three months in December, prompting traders to increase bets on Bank of England interest-rate cuts this year and soothing market jitters surrounding the British economy.