Britain's Labour government faces challenges from rising borrowing costs, high inflation, and sluggish economic growth, threatening its spending promises. The yield on UK bonds has increased significantly, impacting funding for public services. The government is also grappling with the implications of US President-elect Donald Trump's tax plans. Despite a slight dip in inflation, the economy remains stagnant, and government debt is at its highest since 1963. Chancellor Rachel Reeves is under pressure to adapt fiscal strategies, including potential engagement with China to stimulate growth. Teljes cikk (Euronews.com)