Taxpayers may have breathed a sigh of relief today when Keir Starmer ruled out an emergency Budget this Spring. If they believed him.

Rachel Reeves and Keir Starmer end the week in a better political position than they began it. Market movements have settled, the chatter about Reeves’ position has mostly ended, and the pair have shifted into fight-back mode.

Keir Starmer has insisted Rachel Reeves will be chancellor “for many, many years to come” amid fierce criticism of her performance in the job. The prime minister delivered his vote of confidence following days of negative news on the economy.

The prime minister told an audience in east London that he is ‘completely confident’ in his team as pressure grows over the economy

ANALYSIS: The Conservative leader is scoring points against Starmer and Reeves but to triumph she needs to convince the country she will be a better PM than Nigel Farage

Prime Minister refuses to guarantee Chancellor’s position, with his spokesman later forced to insist she will stay in post

Keir Starmer, whose new government is under pressure on the economic front has broken cover on the U.K.’s AI strategy.

Sir Keir Starmer has been eyeing-up 10-years in Downing Street as the Prime Minister vows to spearhead a "decade of national renewal". Starmer, who romped to victory in the 2024 General Election, suffering from one of the earliest ends to a honeymoon period in British political history.

UK Prime Minister Keir Starmer said he has “full confidence” in Chancellor of the Exchequer Rachel Reeves and stressed that his government would stick to its fiscal rules in response to a surge in UK borrowing costs.

The PM claimed the Chancellor was doing a ‘fantastic job’ despite the controversy over her Budget and the Pound’s drop in value

Michael Saunders, a former member of the BoE's monetary policy committee which sets interest rates, said the latest inflation figure would be "some help" in trying to ease some of the worries over the UK economy - more on that in our next post.

Prime Minister Keir Starmer said Rachel Reeves will be Britain’s finance minister for “many years to come,” his strongest backing yet for his chancellor in the wake of market turmoil hitting UK assets that has put her position in the spotlight.