As Winston Churchill, the Chancellor of the 1920s, memorably once put it: “For a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up.” The third option, that of major cuts in spending, is the least palatable to socialists but by far the most realistic.

Keir Starmer has insisted Rachel Reeves will be chancellor “for many, many years to come” amid fierce criticism of her performance in the job. The prime minister delivered his vote of confidence following days of negative news on the economy.

Taxpayers may have breathed a sigh of relief today when Keir Starmer ruled out an emergency Budget this Spring. If they believed him.

Sir Keir Starmer has been eyeing-up 10-years in Downing Street as the Prime Minister vows to spearhead a "decade of national renewal". Starmer, who romped to victory in the 2024 General Election, suffering from one of the earliest ends to a honeymoon period in British political history.

The PM claimed the Chancellor was doing a ‘fantastic job’ despite the controversy over her Budget and the Pound’s drop in value

Prime Minister Keir Starmer said Rachel Reeves will be Britain’s finance minister for “many years to come,” his strongest backing yet for his chancellor in the wake of market turmoil hitting UK assets that has put her position in the spotlight.

Sir Keir Starmer said Rachel Reeves will be Chancellor “for many, many years to come”, as Kemi Badenoch accused her of not being qualified to manage Britain’s finances. The Prime Minister said he did not have enough time to criticise previous Tory chancellors.