Also known as: Chancellor Rachel Reeves · Chancellor of the Exchequer Rachel Reeves
News reports
Order a long-term news report on Rachel Reeves
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Joy Online
… Chancellor Rachel Reeves said the growth figures showed the government had “the right economic plan”, but warned a Labour leadership contest risked “plunging the country into chaos”. …
UK economy sees surprise growth in March despite Iran warJoy Online
… Chancellor Rachel Reeves said Sir Keir “won a mandate to change our country”, adding “we must get on with delivering that mandate – and show how politics can improve people’s lives for the better”. …
Starmer under pressure, as Labour suffers heavy election lossesThe UK government is discussing joining the Defence, Security and Resilience Bank, a global investment bank led by Canada that would allow governments to borrow at lower costs for defence spending, though Treasury officials said no decision has been made yet.
16 September 2026 · Joy Online →
The UK government is discussing joining the Defence, Security and Resilience Bank, a global investment bank led by Canada that would allow governments to borrow at lower costs for defence spending, though Treasury officials said no decision has been made yet.
16 September 2026 · Joy Online →
Andy Burnham, who secured the Labour leadership after backing from 379 MPs and all 11 affiliated trade unions, said he is finalising cabinet decisions ahead of becoming prime minister on Monday, replacing Sir Keir Starmer. He declined to name his top team beforehand, saying early announcements would "cause complete chaos," but pledged his appointments would reflect all parts of the party and all communities.
17 July 2026 · Joy Online →
Andy Burnham, the new Labour leader backed by 379 Labour MPs and all 11 affiliated trade unions, said he is finalising his cabinet ahead of taking over as prime minister on Monday, replacing Sir Keir Starmer. He pledged his appointments would reflect "all parts of our party" and "all communities," and outlined a vision including reforms to the social care system.
17 July 2026 · Joy Online →
King Charles has voluntarily revealed he paid £12.9m in tax for 2024-2025, becoming the first UK monarch to disclose their tax bill and placing him among the top 100 UK taxpayers. The Prince of Wales declared he paid £7.76m in tax over the same period, with both men citing the disclosure as an effort to increase transparency and accountability.
26 June 2026 · Joy Online →
Prime Minister Sir Keir Starmer is weighing his political future as senior ministers urge him to set a timetable for departure following Andy Burnham's by-election victory, which opened a path for Burnham to challenge for the Labour leadership. US President Donald Trump predicted Starmer will resign, citing failures on immigration and energy policy.
22 June 2026 · Joy Online →
The Observer newspaper reported that Prime Minister Keir Starmer was expected to resign on Monday, but a government source said he remained focused on governing. Starmer's position has faced increased pressure since his rival Andy Burnham won a parliamentary seat that could enable a formal leadership challenge.
21 June 2026 · Joy Online →
The UK economy shrank by 0.1% in April as the Iran war raised business costs and affected turnover, according to the Office for National Statistics, though the three-month growth rate remained positive at 0.7%.
12 June 2026 · Joy Online →
UK public sector borrowing hit £24.3bn in April, the highest for that month since 2020, driven by higher spending on benefits and debt interest payments amid weak retail sales and deteriorating growth outlook.
22 May 2026 · Joy Online →
The UK has agreed a trade deal with Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, worth £3.7bn to the economy and removing an estimated £580m a year in tariffs from British exports once fully implemented. Rights groups have criticised the lack of detail on human rights and labour protections in the agreement.
21 May 2026 · Joy Online →
The International Monetary Fund upgraded the UK's 2026 growth estimate to 1% from 0.8%, citing resilience but warning that a prolonged Middle East conflict and domestic uncertainty could dampen growth through higher energy and food prices. The IMF suggested the Bank of England need not raise interest rates this year to bring inflation back to target by end-2027.
18 May 2026 · Joy Online →
The UK's economy grew 0.3% in March, exceeding analyst expectations of contraction, as consumers and businesses brought forward spending due to fears of future price rises from the Iran conflict. First-quarter growth reached 0.6%, the fastest quarterly pace in a year and the highest among G7 countries reporting data.
14 May 2026 · Joy Online →
Sir Keir Starmer has resisted calls to resign as prime minister after Labour suffered significant election losses across England, Scotland, and Wales, including ending its 27-year rule in Wales. Reform UK emerged as the big winner, picking up more than 1,400 seats in England and leading polling estimates with 26% of the vote share.
9 May 2026 · Joy Online →