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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.
US, Israel war on Iran

Starmer calls emergency meeting on Iran war’s economic impact on UK

Stretched public finances and dependence on imported gas leave Britain exposed to the energy war in the Middle East.

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

videocam

‘Very deep poverty’ in Britain hits worst level in 30 years, report says

Report reveals that nearly 7 million people are living on well below the UK median income as the nation’s poorest get even poorer.

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