'Going nowhere': UK PM Starmer backs Rachel Reeves as chancellor; Badenoch slams budget U-turn

Jul 3, 2025 - 02:30
'Going nowhere': UK PM Starmer backs Rachel Reeves as chancellor; Badenoch slams budget U-turn

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Chancellor Rachel Reeves's future is uncertain after PM Starmer dodged questions about her staying until the next election, leading to market instability. Reeves appeared distressed during PMQs, where Badenoch criticized the government's welfare reform U-turn and its impact on Reeves's budget. Downing Street insists Reeves has full support despite speculation and a "personal matter."

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