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 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..
The Conservatives have said that the "disappointing" rise in inflation is a cause of worry. Kevin Hollinrake, Shadow Levelling Up Secretary, said the 0.5% rise in inflation from December to January was..
Kemi Badenoch says Rachel Reeves has some "very, very serious questions to answer" over allegations of lying on her CV and hiding expenses while working for a retail bank. The Conservative Party leader..
The shadow farming minister has accused Rachel Reeves of lying on her CV and hiding expenses while working for a retail bank. Robbie Moore adds Prime Minister Sir Keir Starmer is "wrong" to back his..
Shadow chancellor Mel Stride has criticised the new growth figures released by the ONS. Mr Stride accused the government of "talking down the economy" and referenced the "disastrous budget" set out by..
The UK economy grew in the final quarter of last year after better-than-expected expansion in December, according to official figures. The Office for National Statistics (ONS) said gross domestic..
Guests arriving for the funeral of former Deputy Prime Minister Lord John Prescott. Arrivals include: Sir Lindsay Hoyle, Angela Rayner, John Healey, Rachel Reeves, Sir Keir Starmer, Gordon Brown, Sir..
The shadow chancellor has argued that Rachel Reeves's plan to expand Heathrow Airport doesn't do enough to tackle economic issues affecting people now, claiming it will only come into effect in the..
Rachel Reeves has asserted that she is "confident" that her plans for Heathrow expansion will find the right balance between sustainable aviation and economic growth. This comes a day after the..
Footage of Chancellor Rachel Reeves as she meets with business leaders at a business networking reception at Siemens Healthineers in Oxford and tours the Siemens Healthineers medical facility after her..
Ryanair boss Michael O’Leary claimed Rachel Reeves, who he branded "Rachel Rubbish", “hasn’t a clue” about how to generate growth in aviation. Report by Faragt. Like us on Facebook at..
Along with an expansion of Heathrow Airport, the chancellor announced the government’s backing for housing, transport and other investment in the Oxford-Cambridge corridor, which she said could..
The Government will back a third runway at Heathrow Airport as it looks to go “further and faster” on growth, the chancellor has announced. In a speech in Oxfordshire on growth, Rachel Reeves said..
The shadow financial secretary has dismissed comparisons between Margaret Thatcher and Sir Keir Starmer, who likened his government to the ex-prime minister's. Criticising the Labour government's..
Jonathan Reynolds says there is no contradiction between Labour's new plans for growth and the government's green commitments, citing investments in renewable energy and clean technology as "massive..
Rachel Reeves says news that the economy grew by 0.1% in November is "welcome, albeit modestly". The chancellor adds the latest Office for National Statistics figures show "we need to go further and..
Rachel Reeves says news of a ceasefire agreement between Israel and Hamas is "welcome news". The chancellor adds that she now wants to see "all hostages released, a surge in aid into Gaza and work..
The chief secretary to the Treasury has hailed an unexpected dip in inflation, but admits that the cost of living "is still a pressure for families across the country and there's more work to do"...
Rachel Reeves has defended her decision to visit China over the weekend and accuses the Conservatives of "not wanting to engage with the second largest economy in the world". The chancellor adds that..
The shadow financial secretary to the Treasury has called on Chancellor Rachel Reeves to "urgently get a grip" on the economy amid the current financial market turmoil. Gareth Davies adds high interest..
Government ministers arrive at 10 Downing Street for a weekly cabinet meeting, as pressure grows on Chancellor Rachel Reeves over the turbulent financial markets. Report by Brooksl. Like us on Facebook..
Rachel Reeves vowed to stand by her “non-negotiable” fiscal rules, as her mission to China was overshadowed by further turbulence in the gilt markets. Visiting bicycle-maker Brompton’s flagship..
Shadow Business Minister Dame Harriett Baldwin has criticised Chancellor Rachel Reeves for stalling UK growth. Baldwin claims Reeves' recent budget increased spending and taxes significantly, leading..
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
The chancellor has accused her predecessor Jeremy Hunt of deliberately covering up the truth about the state of the UK's finances. Sky News - Published
Rachel Reeves' statement on Monday was about using the past to justify the future: marking the most significant deviation from the platform for government which Labour spent months preparing and.. Sky News - Published
Rachel Reeves has strongly hinted there will be tax rises in the autumn budget as she promised to be "honest" about "difficult" decisions that lie ahead. Sky News - Published
Rachel Reeves has accused her predecessor of hiding a "ÂŁ22bn funding gap" for the current financial year, as she announced a series of "tough decisions" to compensate. Sky News - Published
Chancellor Rachel Reeves has scrapped some winter fuel payments - along with a raft of other government programmes and policies to plug a projected government overspend of ÂŁ22bn. Sky News - Published
Rachel Reeves will signal Labour's plans to cut government departments and the Civil Service as the new administration looks to accuse Rishi Sunak of "covering up" problems with the economy. Sky News - Published
Chancellor Rachel Reeves has promised to "fix" the "mess" the Conservative government left in the economy, amid reports of a ÂŁ20bn "black hole" in the public finances. Sky News - Published