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The Latest Breaking News from Rachel Reeves

Will Rachel Reeves really be sacked as Chancellor?

RACHEL Reeves’s voice stuttered and shook as she addressed the Commons on Tuesday afternoon.

The National (Scotland)

Rachel Reeves blames global volatility for borrowing rates rise amid Tory criticism

Chancellor tells Tory MP to ‘get real’ and that UK bond market changes are similar to those in other countries

The Guardian - UK

Reeves tells MP to ‘get real’ as she defends decisions during Commons grilling

The Chancellor was also criticised for her visit to China, with SNP MP Dave Doogan saying it was ‘beyond parody’.

Evening Standard

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Rachel Reeves refuses to rule out emergency spending cuts amid economic crisis fears

Downing Street left door open to an emergency Budget in the spring following the rising cost of government borrowing

The Independent UK

'Don't panic,' Chancellor Rachel Reeves urged after Pound's fall and rise in cost of Government borrowing

The Chancellor earlier rejected calls to pull out of a trip to China to deal with economic woes in the UK

Evening Standard

Rachel Reeves refuses to rule out spending cuts amid economic turbulence

RACHEL Reeves has refused to rule out spending cuts – just a day after the Prime Minister declined to say whether Labour would take the axe to…

The National (Scotland)

Rachel Reeves faces questions over future in Hamlet-inspired Tory attack

The Chancellor insisted leadership is ‘not about ducking these challenges’ as she defended her handling of the economy.

Evening Standard

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Rachel Reeves: From child chess champion to ‘iron’ Chancellor

She became Britain’s first female Chancellor in July against a daunting backdrop of a sluggish economy and competing demands for public spending.

Evening Standard

Reeves says market uncertainty shows need to kickstart economic growth

Chancellor Rachel Reeves faced MPs after turbulence in the markets sent government borrowing costs up and the value of the pound down.

The Independent UK

Watch: Rachel Reeves addresses controversial China trip amid market turmoil

Watch as Rachel Reeves answered questions in the House of Commons on Tuesday, 13 January, after returning from a trip to China criticised by political opponents for coinciding with a week of volatility for the pound and soaring yields on UK bonds.

The Independent UK

UK Finance Minister Under Pressure To Restore Market Confidence

Britain's finance minister Rachel Reeves is expected to address parliament Tuesday to try and regain the confidence of markets in the face of rising pressure over the country's struggling economy.

International Business Times

Humiliation for Labour as Rachel Reeves gets Liz Truss 'lettuce' treatment

RACHEL Reeves’s fortunes have gone from bad to worse – with the Chancellor getting the potentially fatal lettuce treatment.

The National (Scotland)

Rachel Reeves faces grilling from MPs amid market turmoil

Rachel Reeves will move to reassure turbulent financial markets amid high Government borrowing costs as she faces a grilling from MPs on Tuesday.

The National (Scotland)

Reeves will be committing ‘political suicide’ if she orders spending cuts, warns John McDonnell

Ex-shadow chancellor calls for wealth tax to tackle economic crisis

The Independent UK

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Evening Standard

Council tax bombshell for thousands of poorest Londoners as town hall cash crisis escalates

Boroughs propose 5% hikes as London mayor Sir Sadiq Khan prepares to unveil latest bill for City Hall

The Guardian - UK

UK politics: Starmer says ‘door remains open’ for Tulip Siddiq following her resignation as Treasury minister – as it happened

PM appoints Emma Reynolds as her replacement as Siddiq steps down but implies she could return to government in future

The Independent UK

Starmer insists under-fire Reeves will be in job ‘many, many years’ and rules out emergency Budget: Live

Starmer and Badenoch clash over chancellor’s future in fiery PMQs

Evening Standard

Reeves faces grilling from MPs amid market turmoil

The Chancellor will answer questions in the Commons for the first time since her return from a trip to China.

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Evening Standard

What the papers say – January 14

Here are the biggest stories leading Tuesday’s headlines.

Evening Standard

Reeves back at Cabinet meeting amid market turmoil

Concerns have swirled that the Government is in danger of failing to meet its own fiscal rules and will need to take action to remain on track.

The Guardian - UK

No 10 backs Rachel Reeves to remain in post for rest of parliament

Keir Starmer offers support to underfire chancellor after bruising start to new year

The Independent UK

Who could be in the running to replace Rachel Reeves as chancellor?

News analysis: Keir Starmer gave his beleaguered chancellor the vote of confidence on Monday morning, but if he decided on a change in the Treasury who could replace her?

Evening Standard

Reeves will be Chancellor for whole of this Parliament, No 10 says

Sir Keir Starmer had twice declined earlier on Monday to say she would remain in the role until the next general election when asked by journalists.

Evening Standard

Mortgage rates edge up after Government borrowing costs soar and Pound falls

But they are not rising as sharply as after Liz Truss and Kwasi Kwarteng’s 2022 ‘mini-Budget’

The National (Scotland)

Treasury AI's 70 per cent accuracy rate 'better than humans doing it', tests find

The UK Treasury has begun using AI to reply to emails – and found that its 70 per cent success rate is “as good or better” than when their…

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