Rachel Reeves faces pressure as UK chief financial officers express pessimism about their businesses, according to a survey by Deloitte. CFOs felt more pessimistic than optimistic for the first time since June 2023, with cost control becoming a priority and expectations for hiring falling to a four-year low. However, businesses still expect growth to pick up over the summer and exceed 2024's figures. The survey represents another blow to the Chancellor after a week of rising government borrowing costs and concerns about the UK's fiscal position.