Following is the unofficial transcript of a CNBC interview with U.K. Chancellor of the Exchequer Rachel Reeves at CNBC's ...

The costs of borrowing have “gone through the roof,” through no fault of Britain, the top finance minister said.

An interview between the Chancellor, Rachel Reeves, and BBC presenters Sally Nugent and Jon Kay has sparked uproar on social media thanks to the supposed "cosy" and "chummy" nature of the discussion.

The chancellor tells the BBC it is "too early" to say exactly who would get help but hinted any support would not arrive until the autumn.

Rachel Reeves has stated that trade disruption resulting from the Middle East crisis is "certainly not good for the British economy". The Chancellor indicated the government could be prepared to ...