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Will Reeves boost public sector pay? The Spectator11:17 21-Jul-24
Britain’s Securonomics Labour Outlook08:10 21-Jul-24
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22 Jul 12:17

About our Rachel Reeves news

Latest news on Rachel Reeves, UK's first female Chancellor of the Exchequer, covering her economic policies, securonomics approach, and role in Keir Starmer's Labour government following 2024 election victory.

Rachel Reeves, born in 1979, has made history as the first woman to hold the position of Chancellor of the Exchequer in the United Kingdom. Appointed to this role following Labour's landslide victory in the 2024 general election, Reeves brings a wealth of experience from her time as Shadow Chancellor and her background in economics and finance.

Reeves has been at the forefront of shaping Labour's economic policy, coining the term "securonomics" to describe her approach. This strategy, inspired by US President Joe Biden's economic policies, focuses on infrastructure, education, and labour supply, rejecting traditional tax cuts and deregulation. However, Reeves has faced criticism for scaling back Labour's £28 billion green investment pledge, citing changed economic circumstances.

As Chancellor, Reeves is tasked with implementing Labour's economic vision, balancing the need for fiscal responsibility with ambitious plans for growth and investment. Her approach has been characterized by a pro-business stance and a commitment to fiscal discipline, marking a significant shift from Labour's previous economic policies under Jeremy Corbyn's leadership.

Reeves' journey to the chancellorship reflects the changing face of British politics. From her early career at the Bank of England to her role as MP for Leeds West since 2010, Reeves has consistently advocated for a pragmatic, centrist approach to economic policy. Her recent book, "The Women Who Made Modern Economics," though controversial due to allegations of plagiarism, underscores her commitment to highlighting the role of women in shaping economic thought.

Stay informed about Rachel Reeves' actions as Chancellor and the implementation of Labour's economic policies through our comprehensive NewsNow feed. With updates from a wide range of reliable sources, our coverage provides essential insights into the economic direction of the UK under its first female Chancellor.

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