Trump’s team will show Rachel Reeves how it’s done

As Trump Treasury Secretary nominee Scott Bessent rises, full of promise for his confirmation hearing in Washington next week, the UK is still reeling from a plunge in the value of the pound and a sharp rise in borrowing costs, directly tied to Rachel Reeves’s economic policies. The contrast in the approaches of these respective leaders could hardly be more stark. Bessent, a figure whose appointment has Wall Street buzzing with optimism, contrasts sharply with Rachel Reeves, whose policies, compounded by the net zero fanaticism of Ed Miliband, are proving to be the harbinger of economic catastrophe.

This comparison isn’t just about individual competence; it’s about the contrasting philosophies of their leaders: Trump’s ‘America First’ growth-centric approach versus Starmer’s europhile, anti-growth, anti-business agenda. While Bessent’s policies promise economic growth, dynamism, and market-driven success, Reeves’s approach signals economic stagnation, punitive taxation, and misguided thinking on relationships with Europe and China.