Taxpayers may have breathed a sigh of relief today when Keir Starmer ruled out an emergency Budget this Spring. If they believed him.
Keir Starmer has insisted Rachel Reeves is doing a “fantastic job” amid mounting criticism of her performance as chancellor. The prime minister gave her a huge vote of confidence amid fresh turmoil for the UK economy on the international money markets this morning.
The Chancellor, who has disparagingly been dubbed "Rachel from accounts" in some circles, is on the defensive after the pound sunk to a 14-month low yesterday.
Keir Starmer has insisted Rachel Reeves will be chancellor “for many, many years to come” amid fierce criticism of her performance in the job. The prime minister delivered his vote of confidence following days of negative news on the economy.
The prime minister told an audience in east London that he is ‘completely confident’ in his team as pressure grows over the economy
Rachel Reeves and Keir Starmer end the week in a better political position than they began it. Market movements have settled, the chatter about Reeves’ position has mostly ended, and the pair have shifted into fight-back mode.
And yet the markets are collectively passing a verdict on Starmer and Reeves's economic plan right now and it isn't exactly a ringing endorsement – and wobbly markets can prompt political wobbles. These shouldn't be overstated, but neither should they be ignored.
The PM claimed the Chancellor was doing a ‘fantastic job’ despite the controversy over her Budget and the Pound’s drop in value
Sir Keir Starmer refused to say if he would back a third runway being built at Heathrow Airport amid mounting speculation Rachel Reeves is poised to support the expansion. The Pri
Keir Starmer hit back at questions about Rachel Reeves's future amid mounting economic turmoil, saying she had his 'full confidence and the full confidence of the entire party'
UK Prime Minister Keir Starmer said he has “full confidence” in Chancellor of the Exchequer Rachel Reeves and stressed that his government would stick to its fiscal rules in response to a surge in UK borrowing costs.
The Chancellor will be in China this weekend. After that, Rachel Reeves will be in Davos, lecturing the global elite about how “stability” has made the UK a great place to invest.