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.
Chancellor Rachel Reeves insists she is “confident” the UK can secure a trade deal with the United States but will “only ever act” in the national interest in agreeing to one. Report by Blairm...
Rachel Reeves has said she will be having "conversations with the US administration" next week as the UK looks to secure a trade deal with Washington. Report by Faragt. Like us on Facebook at..
Chancellor Rachel Reeves said the UK is “resolved” to secure the best possible trade deal with the US but is also seeking to boost ties with other countries. She stressed the importance of..
Chancellor Rachel Reeves welcomed February’s strong GDP growth but said more must be done to ensure it’s “felt by families up and down the country”. She said Labour is “not complacent” and..
Chancellor Rachel Reeves held her first EFD with India, signing a joint statement to enhance cooperation in defence, financial services, education, and development. Report by Chahalb. Like us on..
The chancellor Rachel Reeves has said 'all options remain on the table' for the future of British Steel’s Scunthorpe plant amid suggestions the UK could nationalise the company.
Report by Chahalb...
The government will stand with families and businesses during the worrying economic period ahead, following Trump's tariffs, according to Rachel Reeves. The chancellor said "we've got your backs"..
Deputy Prime Minister Angela Rayner, Chancellor Rachel Reeves, and Mayor of London Sir Sadiq Khan visited Ronnie Scott's jazz bar in London after the government announced new steps in collaboration..
Rachel Reeves says it was “clumsy” for Treasury Minister Darren Jones to compare welfare to children's pocket money. The chancellor adds it was "not the right analogy". Report by Brooksl. Like us..
Rachel Reeves confirmed the UK is currently in “intense negotiations” with the US over tariffs “across the board”. The Chancellor said she “does not want to see tariffs go up”, highlighting..
Rachel Reeves has visited Wellington Barracks in central London after announcing in her Spring Statement that defence spending will increase by 2.5% in GDP. The chancellor and the defence secretary..
The chancellor says house building commitments in her Spring Statement will benefit young people and that she is "not in favour of national service". Speaking to ITV News, Rachel Reeves adds watching a..
Rachel Reeves has outlined her plans to "strengthen our nation's defences", by increasing defence spending to 2.5% of GDP and to build 1.5 million new homes. The chancellor acknowledges that the OBR..
Kemi Badenoch has accused Rachel Reeves' Spring Statement as being "all smoke and mirrors", pointing to rising inflation, increased unemployment and low growth. The Conservative Party leader added,..
Following Rachel Reeves’ Spring Statement, Liberal Democrat leader Sir Ed Davey says the proposed cuts to welfare are a "double whammy" hitting disabled people who cannot work while cutting support..
The chancellor says Labour reforms will lead to house building reaching a 40-year high, according to the OBR. Rachel Reeves adds that changes to the national planning framework alone will help build..
Rachel Reeves has announced that defence spending will increase to 2.5% of GDP because we are "living in an uncertain world". The chancellor adds that another £2.2bn will be provided for the Ministry..
The chancellor says the OBR has downgraded the UK's economic growth forecast from 2% to 1% for 2025. Rachel Reeves admits she is "not satisfied with these numbers" and believes her statement is a..
Rachel Reeves has announced that the universal credit health element will be cut by around half and then frozen for new claimants. The chancellor also announces a £1bn investment "to provide..
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 £2.2 billion boost to defence spending. Rachel Reeves adds this has been funded by "reducing what we spend on international development". Report by..
As Chancellor Rachel Reeves meets her counterpart, US treasury secretary Scott Bessent to discuss an "economic agreement" between the two countries, the latest trade figures confirm three realities.. Sky News - Published
Rachel Reeves will pledge to "stand up for Britain's national interest" as she heads to Washington DC amid hopes of a UK/US trade deal. Sky News - Published
Rajesh Kumar Singh and David Williams co-chaired the India-UK Defence Consultative Group meet in London. They discussed strengthening military cooperation and defence capabilities. Nirmala Sitharaman.. IndiaTimes - Published
Rachel Reeves will seek to gauge the unfolding impact of President Trump’s tariffs blitz on Wednesday when she holds talks with some of the City’s top executives. Sky News - Published
A deal for a new Universal theme park in Bedfordshire has been confirmed, which Rachel Reeves says will bring "billions" to the economy and create thousands of jobs. Sky News - Published
Chancellor Rachel Reeves has said the UK does not want to "escalate" Donald Trump's trade wars after the US president slapped a new 25% tariff on all imported cars. Sky News - Published
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 £1bn 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