Starmer Says Reeves Will Stay as UK Chancellor Despite Setbacks

UK Prime Minister Keir Starmer said Rachel Reeves will stay on as Chancellor of the Exchequer, as he sought to draw a line under speculation about her future that sparked a bond selloff.

Reeves would stay as chancellor “for many years to come,” Starmer told the BBC on Wednesday evening, hours after failing to guarantee her position when asked in parliament. “She and I work together, we think together,” he said, adding, “We’re in lockstep.”