Rachel Jane Reeves is a British politician who has served as Chancellor of the Exchequer since July 2024. A member of the Labour Party, she has been Member of Parliament (MP) for Leeds West and Pudsey, formerly Leeds West, since 2010. She previously held various shadow ministerial and shadow cabinet portfolios between 2010 and 2015 and from 2020 to 2024.
The chancellor has left Downing Street for the House of Commons where she will deliver her Spring statement. Rachel Reeves, who enjoyed seeing inflation fall to 2.8% this morning, is expected to..
Sir Keir Starmer has left Downing Street for the House of Commons where he will face questions from Conservative Party leader Kemi Badenoch. After PMQs, the prime minister will listen to Chancellor..
Chancellor Rachel Reeves will give her Spring statement in the House of Commons this lunchtime, where she is expected to announce welfare cuts and a boost to defence spending. Report by Brooksl. Like..
Members of Sir Keir Starmer's top team arrive at the Foreign, Commonwealth and Development Office before heading to a Cabinet meeting in Downing Street ahead of Chancellor Rachel Reeves' Spring budget..
Sir Keir Starmer's cabinet arrive at Downing Street ahead of Chancellor Rachel Reeves' Spring budget announcement in the House of Commons. Report by Brooksl. Like us on Facebook at..
The chancellor says her Spring budget will include a ÂŁ2.2 billion boost to defence spending. Rachel Reeves adds this has been funded by "reducing what we spend on international development". Report by..
The Green Party has said the government's expected cuts to welfare are "not fair" and that Chancellor Rachel Reeves could avoid making the cuts by choosing to "tax wealth fairly". Co-leaders Carla..
The shadow chief secretary to the Treasury says Rachel Reeves "looks out of her depth" and senses she is "having to backtrack and look for savings" ahead of tomorrow's Spring budget. Richard Fuller..
The chancellor has reiterated the government's plan to build 1,500,000 homes over its first five years of power, to solve the UK's "desperate housing crisis". Rachel Reeves spoke on a visit to a..
Chancellor Rachel Reeves insists the digital services tax is "hugely important" amid media reports suggesting Britain could slash the levy on big tech companies in order to stave off American tariffs...
Chancellor Rachel Reeves does not "recognise" reports suggesting that ministers are looking at reducing the number of children in England who receive free school meals. Report by Jonesia. Like us on..
Shadow business secretary Andrew Griffith has criticised Chancellor Rachel Reeves ahead of her Spring Statement, blaming her previous budget decisions for the economic downturn. He said that the..
Chancellor Rachel Reeves confirms there wonât be tax increases as she prepares to deliver the Spring Statement.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us..
Sir Keir Starmer defended Labourâs economic record since coming into Government, amid questions from Conservative leader Kemi Badenoch on why Rachel Reeves will hold her spring statement next week...
Robert Jenrick says "confidence has collapsed within our economy", after the latest Office for National Statistics figures show it contracted by 0.1% in January. The shadow justice secretary says the..
The chancellor says the current welfare system "is not working for anyone", after Prime Minister Sir Keir Starmer announced the abolition of NHS England. Rachel Reeves adds, "we need to reform our..
The chancellor says the government is negotiating with US counterparts to reach an economic agreement to support British exporters and to ensure prices are not pushed up for UK consumers with more..
Rachel Reeves says the government is "determined" to turn around a decade of poor growth performance, after the latest Office for National Statistics figures show the UK economy contracted by 0.1% in..
Chancellor Rachel Reeves marked International Womenâs Day at RAF Northolt, meeting female personnel. She said the government must redouble efforts on womenâs opportunities, highlighting childcare..
Rachel Reeves said the Government will work with Ukraine for âas long as it takesâ. The Chancellor of the Exchequer visited RAF Northolt and met Armed Forces personnel and suppliers sending..
After a tense fallout with Donald Trump, Ukrainian President Volodymyr Zelensky turns to the UK for support, securing a massive ÂŁ2.26 billion loan for weapons and defense. UK Prime Minister Keir..
Rachel Reeves has defended Sir Keir Starmer's decision to cut the foreign aid budget. It comes as international development minister Anneliese Dodds has resigned over the budget cuts. The chancellor..
The chancellor says the government is ready to support creative industries, after announcing film studios in England are to receive business rates relief for the next nine years. On a visit to the..
Rachel Reeves says she is "absolutely committed" to spending 2.5% of GDP on defence and will "set out a pathway" to do so "in the proper way". The chancellor adds, "a strong economy depends on strong..
The shadow chancellor of the exchequer has defended the previous government for the rise in inflation, instead blaming Chancellor Rachel Reeves' budget and other government decisions, including..
Rachel Reeves will unveil further welfare cuts in her spring statement after being told the reforms announced last week will save less than planned, Sky News understands. Sky News - Published
A swathe of government departments have either begun or will start voluntary exit schemes for staff in anticipation of the chancellor's spending cuts, Sky News can reveal. Sky News - Published
Since the turn of the year, Chancellor Rachel Reeves has had a single priority, repeated loud and clear at every opportunity; growth. Sky News - Published
Rachel Reeves has said the welfare system is "letting down taxpayers", while she again committed to reaching 2.5% in defence spending by 2027 due to the "enormity of the situation" facing European.. Sky News - Published
Chancellor Rachel Reeves is coming under increased pressure to raise taxes or cut public spending as official figures show government borrowing was more expensive than expected, and tax revenue fell.. Sky News - Published
The whole government recognises the need to spend more on defence, including Chancellor Rachel Reeves, a cabinet minister has said. Sky News - Published
Rachel Reeves says "no one ever raised any concerns" about her expenses when she worked at HBOS, as she responds to reports she was investigated while working for the bank. Sky News - Published
Rachel Reeves, the chancellor, has called in the bosses of Britain's biggest high street lenders for a fresh round of talks on the government's economic growth agenda. Sky News - Published
Chancellor Rachel Reeves this week confirmed government support for dozens of big projects to boost growth, on top of Labour's existing promise to build 1.5 million new homes. Sky News - Published
Deregulation, streamlining planning decisions, and clamping down on judicial reviews - you might have found much of what Rachel Reeves said on Wednesday a bit dry and abstract. Sky News - Published
Chancellor Rachel Reeves will travel to the World Economic Forum (WEF) in Davos this week to court potential investors in UK growth projects, joining hundreds of political and economic leaders.. Sky News - Published
A fall in December's CPI inflation of 0.1 percentage points to 2.5% is marginal, but by being below expectations it delivered an above-expectations boost to Rachel Reeves. Sky News - Published
Chancellor Rachel Reeves has been accused of refusing to "face up to her own failures" by "jetting off to Beijing" during a week of market turmoil. Sky News - Published
The health secretary has said that the cabinet is aware of the "pressure" on Chancellor Rachel Reeves amid volatile markets and a challenging broader economic picture - but appealed for the public to.. Sky News - Published
Given gilt yields are rising, the pound is falling and, all things considered, markets look pretty hairy back in the UK, it's quite likely Rachel Reeves' trip to China gets overshadowed by noises off. Sky News - Published
The chancellor is under pressure because financial market moves have pushed up the cost of government borrowing, putting Rachel Reeves' economic plans in peril. Sky News - Published
How worried should Rachel Reeves be about the fact that the interest rates on government bonds have leapt to the highest level in more than a quarter of a century? Sky News - Published
Rachel Reeves is on course to tighten Whitehall public service budgets further than expected in the spending review because of the worsening economic outlook, Sky News can reveal. Sky News - Published
Andrew Bailey, the Bank of England governor, will join Rachel Reeves on a visit to China next month aimed at strengthening financial services trade ties between the two countries. Sky News - Published
Retail giants including Asda, Marks & Spencer, Primark and Tesco will mount a new year campaign to warn Rachel Reeves that plans to hike business rates on larger shops will put jobs and stores under.. Sky News - Published
Chancellor Rachel Reeves has said most Waspi women knew the state pension age was changing so it was not "the best use of taxpayers' money to pay an expensive compensation bill". Sky News - Published
Rachel Reeves has said she is "determined" government departments will find 5% savings through a crackdown on "wasteful spending". Sky News - Published
Chancellor Rachel Reeves has said she is "overwhelmed" by the response to the UK's first attendance at an EU finance ministers' meeting since Brexit. Sky News - Published
The government will look into rules on the number of electric vehicles carmakers must produce each year, Rachel Reeves has announced. Sky News - Published
Britain's biggest airports are joining the growing private sector backlash against Rachel Reeves's budget, warning that a ÂŁ1bn business rates bill for the industry will trigger the cancellation of.. Sky News - Published
Sir Keir Starmer has said he is "absolutely" still confident in Chancellor Rachel Reeves after her financial plans sparked rows with pensioners, farmers and employers. Sky News - Published
Chancellor Rachel Reeves has criticised post-financial crash regulation, saying it has "gone too far" - setting a course for cutting red tape in her first speech to Britain's most important gathering.. Sky News - Published
Rachel Reeves will this weekend be told by some of Britain's biggest hospitality groups that the tax hikes imposed in last month's Budget risk triggering a tsunami of job losses across the sector. Sky News - Published
Rachel Reeves has said she is "confident" trade flows with the United States will continue under President-elect Donald Trump despite his proposal to put up tariffs. Sky News - Published
Rachel Reeves has admitted she was "wrong" to say higher taxes were not needed during the election campaign - but businesses will have to make less money or pay staff less to cover their tax increase. Sky News - Published
UK markets stabilised on Friday, offering some reassurance to Rachel Reeves as investors, policy makers and business continued to absorb the scale and implications of her first budget. Sky News - Published
Chancellor Rachel Reeves has said the NHS must "live within that budget" given to them - despite concerns being raised by GP surgeries over the increase to employers' national insurance contributions. Sky News - Published
Rachel Reeves' changes to agricultural inheritance tax could lead to food price rises and will have a "catastrophic" impact on family farms, farmers have warned. Sky News - Published
Rachel Reeves, the chancellor, is drawing up plans for a visit to China early next year that would include resuming a key financial services trade summit for the first time since 2019. Sky News - Published
Rachel Reeves has said her ambition is for the UK to be "the best place to start and grow a business" as she promised Labour will bring investment to Britain. Sky News - Published
Rachel Reeves will pledge there will be "no return" to austerity under a Labour government as it continues to come under criticism in the row over donations. Sky News - Published
Chancellor Rachel Reeves has signalled her first budget as chancellor could be a painful mix of spending cuts, tax rises and increased borrowing. Sky News - Published
Firebrand union leader Sharon Graham has told Sky News that Chancellor Rachel Reeves is guilty of "picking the pockets of pensioners" by cutting winter fuel payments. Sky News - Published
The Green Party will demand the government introduces a wealth tax when Chancellor Rachel Reeves delivers her first budget next month. Sky News - Published
Chancellor Rachel Reeves has been urged to impose a pay-per-mile scheme on British drivers to avoid a "black hole" from lost fuel duty revenue. Sky News - Published
It is "laughable" for Rachel Reeves to claim she didn't know the full state of the public finances until she took office, Ruth Davidson has said. Sky News - Published