Chancellor Rachel Reeves is lobbying to retain her position even if Labour leader Keir Starmer is replaced, with her allies warning MPs that she is the only candidate who can safeguard the UK's finances and maintain credibility with bond markets. The lobbying intensifies amid speculation that Andy Burnham could replace Starmer and potentially appoint Ed Miliband as chancellor instead.
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Chancellor Rachel Reeves is lobbying to retain her position even if Labour leader Keir Starmer is replaced, with her allies warning MPs that she is the only candidate who can safeguard the UK's finances and maintain credibility with bond markets. The lobbying intensifies amid speculation that Andy Burnham could replace Starmer and potentially appoint Ed Miliband as chancellor instead.