UK Chancellor Reeves has pulled out of her speech at the Global Risks Summit, according to Daily Express' Spyro

The UK Chancellor pulling out of her speech could signal political instability or concerns regarding the government’s position on critical issues, which may weigh on market sentiment. This development could particularly impact UK assets, such as gilts and the FTSE 100, as it raises uncertainty about the government's economic and fiscal strategies in a time of global risks.