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Politics · 24 May 2026

Rachel Reeves wants to keep Chancellor job

Rachel Reeves wants to keep Chancellor job

© UK Parliament / Maria Unger via Wikimedia Commons (CC BY 3.0)

Concerns regarding the nation's financial stability are prominent amidst Labour's anticipation of a change in prime minister. Rachel Reeves is working to retain her position as chancellor, with her allies lobbying MPs for support should Keir Starmer step down. Allies of Reeves are expressing concern that bond markets might lack confidence in Ed Miliband, who is reportedly a candidate for the chancellor position.

Reported by Guardian · How we write briefs

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