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Rachel Reeves

Rachel Reeves
The latest news and top stories on Rachel Reeves, the UK’s current Finance Minister, making history as the first woman to hold the position. An economist by background, she previously worked at the Bank of England and held various shadow ministerial roles, including Shadow Chancellor of the Exchequer. As Finance Minister, she oversees economic policy, the national budget, and public spending, aiming to foster economic growth through stability, reform, and investment. Her approach, termed "securonomics," emphasises fiscal responsibility and unlocking private sector investment. She is known for her pragmatic stance and commitment to job creation and tax reform.
Britain

UK health minister quits, calls for leadership contest to oust PM Starmer

Health Minister Wes Streeting is the first senior minister to quit after days of calls by Labour lawmakers for Starmer to step down.

UK PM’s biggest political challenge overshadows King’s speech

UK’s Starmer to ‘get on with governing’, defies calls to quit

At a meeting of his cabinet, there was no official move to trigger a leadership contest even as three junior ministers quit.

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UK eyes ‘targeted’ support for households amid rising energy costs

Finance chief Rachel Reeves says there are plans to help those vulnerable to sharp rises in energy prices, especially those who rely on heating oil.

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