OPINION
Rachel Reeves remains the Chancellor in Starmer's reshuffle. (Image: Getty)
There’s only one cowardly reason Sir Keir Starmer kept Rachel Reeves in place during his big reshuffle – and it’s not because she’s dazzling anyone with competence. I doubt a sleaze scandal and a reshuffle were part of the PM’s big and bold “phase two” strategy, but one of his weakest links has somehow dodged the axe. The Chancellor is living on borrowed time. The only thing that saved her in the reshuffle was the doomed Budget announcement, which bought her a few more months to prove she’s capable of something… though the odds of that are somewhat slim.
Even before the reshuffle, the writing was on the wall. Starmer parachuted in a team of financial experts to beef up No.10’s credibility ahead of the autumn Budget - in other words, even he doesn’t trust Reeves. The only reason she’s still clinging on is so that when Labour’s second Budget inevitably implodes, he can pass the blame on to her.
Article continues belowADVERTISEMENT
Tips for a smarter online shopping experience.Shopper Experts |
Learn More
Undo
READ MORE: Turning on the waterworks won’t save Angela Rayner - she’s had it
READ MORE: The Express asks if Rachel Reeves should make UK's richest people pay more tax
The Chancellor has set the date of the Autumn Budget at 26 November. (Image: Getty)
Before the reshuffle, which has been described as “shuffling the deckchairs on the Titanic”, confidence in Labour had already plunged as Starmer attempted to micromanage the economy.
After he appointed economic experts to advise him, borrowing costs soared to a 27-year-high showing the market does not have confidence in Downing Street's new economic team.
Powered By
10 Sec
London protests: Police block protesters
Next
Stay
Darren Jones was moved from Number 11 to a new post at Number 10, and Treasury minister James Murray replaced Mr Jones as Treasury chief secretary, and will now effectively be acting as Reeves's deputy.
Sponsored
Learn More
Renew Your Passport From Home — Here's How.
Undo
DON'T MISS
Powered by
UK economy is in a 'doom loop' because Labour lost control of spending
Rachel Reeves reduced to begging as money runs out - her time is up
Rachel Reeves slammed for ‘going into hiding' as UK economy flatlines due to tax hikes
Macron crisis offers a vital lesson Britain must learn before it's too late
Fresh blow for Keir Starmer as Barclays boss issues major warning
Ed Miliband humiliated as even Keir Starmer turns on net zero madness
Reeves warned against 'self-defeating' and 'reckless' move leaving Brits to foot the bill
Rachel Reeves bombshell as new taxes would be ‘last nail in the coffin' for 1 sector
Keir Starmer could be gone in just TWO months - unless Nigel Farage saves him by mistake
Rachel Reeves dealt brutal blow as bookies 'stop taking bets on resignation'
Moment TalkTV host mocks Keir Starmer in humiliating blow after economy flatlines
Rachel Reeves will torpedo trust if she breaks major tax promise
Update in 'raise income tax threshold to ￡20,000 from ￡12,570' plan
Yet another 'Rachel Reeves disaster' as value of pound plummets
Why Living Alone After 65 Affects Your MindBrain Health |
Learn More
Undo
Rachel Reeves 'Chancellor in name only' and Keir Starmer 'on the brink'
Rachel Reeves told to rip up rules and unleash reckless spending spree - and YOU will pay
Renew Your Passport Online — Here’s How.GovPlus |
Learn More
Undo
Rachel Reeves humiliated as Starmer's latest move shows he's lost all confidence in her
'Worst chancellor for 50 years' Rachel Reeves 'won't make Downing Street Christmas Party'
20% Off Lowcountry Peach CollectionYETI |
Shop Now
Undo
Keir Starmer urged to 'maximise pressure' on Trump for better trade deal
Britain on 'edge of crisis' under Keir Starmer and Rachel Reeves, slams ex-M&S boss
MD: Building Muscle After 60 Comes Down To This 1 Thingprimenutritionsecrets |
Undo
UK economy is in a 'doom loop' because Labour lost control of spending
Rachel Reeves reduced to begging as money runs out - her time is up
The New Black Forest CollectionYETI |
Shop Now
Undo
Rachel Reeves slammed for ‘going into hiding' as UK economy flatlines due to tax hikes
Macron crisis offers a vital lesson Britain must learn before it's too late
Here’s The Gutter Guard Price On A 2,000 Sq Ft HomeHomebuddy |
Get Quote
Undo
Fresh blow for Keir Starmer as Barclays boss issues major warning
Ed Miliband humiliated as even Keir Starmer turns on net zero madness
Here’s What US Homeowners Pay For Leaf-Free GuttersHomebuddy |
Get Quote
Undo
Reeves warned against 'self-defeating' and 'reckless' move leaving Brits to foot the bill
Rachel Reeves bombshell as new taxes would be ‘last nail in the coffin' for 1 sector
Online Apartment Finders May Help SeniorsSenior Apartment Finder |
Learn More
Undo
Keir Starmer could be gone in just TWO months - unless Nigel Farage saves him by mistake
Rachel Reeves dealt brutal blow as bookies 'stop taking bets on resignation'
Why Living Alone After 65 Affects Your MindBrain Health |
Learn More
Undo
Moment TalkTV host mocks Keir Starmer in humiliating blow after economy flatlines
Rachel Reeves will torpedo trust if she breaks major tax promise
Three San Jose Banks Are Paying Record High Interest Rates - See the ListSavingsPro |
Undo
Update in 'raise income tax threshold to ￡20,000 from ￡12,570' plan
Yet another 'Rachel Reeves disaster' as value of pound plummets
Rachel Reeves 'Chancellor in name only' and Keir Starmer 'on the brink'
Rachel Reeves told to rip up rules and unleash reckless spending spree - and YOU will pay
Rachel Reeves humiliated as Starmer's latest move shows he's lost all confidence in her
'Worst chancellor for 50 years' Rachel Reeves 'won't make Downing Street Christmas Party'
Keir Starmer urged to 'maximise pressure' on Trump for better trade deal
Britain on 'edge of crisis' under Keir Starmer and Rachel Reeves, slams ex-M&S boss
UK economy is in a 'doom loop' because Labour lost control of spending
Rachel Reeves reduced to begging as money runs out - her time is up
Rachel Reeves slammed for ‘going into hiding' as UK economy flatlines due to tax hikes
Macron crisis offers a vital lesson Britain must learn before it's too late
Fresh blow for Keir Starmer as Barclays boss issues major warning
Ed Miliband humiliated as even Keir Starmer turns on net zero madness
Reeves warned against 'self-defeating' and 'reckless' move leaving Brits to foot the bill
Here’s The Gutter Guard Price On A 2,000 Sq Ft...Homebuddy
Undo
Sponsored LinksSponsored Links
MD: Building Muscle After 60 Comes Down To...primenutritionsecrets
Undo
Sponsored LinksSponsored Links
The New Black Forest CollectionYETI
Undo
Sponsored LinksSponsored Links
20% Off Lowcountry Peach CollectionYETI
Undo
Sponsored LinksSponsored Links
The Chancellor announced November 26th as Budget Day, claiming “there’s more to do" (understatement of the year) - a month later than the Budget last year. Shoving the date back by four weeks won’t save the economy, nor her reputation. It simply delays the inevitable.
Tax hikes and brutal spending cuts are expected in November, as financial experts warn she probably won’t make theChristmas party.
Watch your back, Reeves. The only thing keeping you in post is Starmer’s need for a scapegoat. By the time the tinsel’s up in Downing Street, you may well be out of a job.
Read next
SUBSCRIBEInvalid email
We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy