Rachel Reeves blames global volatility for borrowing rates spike amid Tory criticism

Reeves stated, "I don't really believe that it is reasonable to suggest that the reason why bond yields in the United States, in Germany and France have risen is because of decisions made by this government."

Addressing calls for her resignation, Reeves stated, "The shadow chancellor is simply not serious," emphasizing the global nature of the current market disruptions.

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