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‘A bit of a relief’: a City trading floor reacts to Reeves’s budget

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After initial chaos caused by OBR leak, London financial traders say markets do not appear to have been upset

As financial traders milled around 26 floors up in a tower in the Canary Wharf district of London, there was little sign of nerves ahead of Rachel Reeves’s second budget – until the surprise accidental early release of the government’s official economic analysis started to move markets.

Headline numbers from the Office for Budget Responsibility (OBR) flashed through on banks of computer screens, followed shortly by the detailed analysis itself.

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