LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Downing Street breaks silence over the Chancellor after she was crying in the Commons – London Business News | London Wallet

Philip Roth by Philip Roth
July 2, 2025
in UK
Downing Street breaks silence over the Chancellor after she was crying in the Commons – London Business News | London Wallet
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Some schools are in lockdown as ‘super flu’ affects hundreds of pupils and staff – London Business News | London Wallet

Guinness to open £73m brewery in Covent Garden – London Business News | London Wallet

Starmer unveils plans to deliver £275m for more apprenticeships – London Business News | London Wallet

Downing Street has said that the Chancellor is “going nowhere” and she will remain in Number 11.

This comes as the Chancellor was seen visibly in tears and looking “miserable” in the House of Commons on Wednesday during Prime Minister’s Questions and Sir Keir Starmer refused to guarantee Rachel Reeves will keep her job.

Starmer is facing MPs after yet another U-turn as he was forced to scrap parts of his welfare reforms which has left nearly a £5 billion black hols in Reeves spending plans which has triggered fears there will be even more tax rises in the Autumn Budget.

The Tory leader said Starmer is “too weak to get anything done” as the Prime Minister cannot control his MPs amid the welfare reform rebellion which sparked a “humiliating U-turn,” she added.

Read more related news:

Reeves is ‘toast’ and cries as Starmer refuses to confirm her job is safe

The Conservative leader Kemi Badenoch said during PMQs that Reeves looks “absolutely miserable” and she asked Starmer if the Chancellor will still in her job at the next election, she added the “Chancellor is toast.”

The Prime Minister said, “She [Reeves] knows that no Prime Minister or chancellor ever stands at the despatch box and writes budgets in the future.

“But she talks about growth, for 14 years we had stagnation, and that is what caused the problem.”

Badenoch said with a smile, “How awful for the Chancellor that he couldn’t confirm that she would stay in place.”

There has also been reports that Reeves was possibly involved in an altercation with the House of Commons Speaker Sir Lindsay Hoyle before PMQs started.

A spokeswoman for the Speaker said, “No comment.”

A Number 10 spokesperson was asked why Starmer did not confirm during PMQs he has faith in Reeves, the press secretary said, “He has done so repeatedly.

“The Chancellor is going nowhere. She has the Prime Minister’s full backing.

“He has said it plenty of times, he doesn’t need to repeat it every time the Leader of the Opposition speculates about Labour politicians.”

When sked whether Starmer still had confidence in Work and Pensions Secretary Liz Kendall, the press secretary replied, “Yes.”



Source link

Share30Tweet19
Previous Post

How Tether Made $5.2B in 2024: Stablecoin Profits, Explained

Next Post

Stocks making the biggest moves midday: Tesla, Centene, Robinhood, Nike and more

Philip Roth

Philip Roth

Recommended For You

Some schools are in lockdown as ‘super flu’ affects hundreds of pupils and staff – London Business News | London Wallet
UK

Some schools are in lockdown as ‘super flu’ affects hundreds of pupils and staff – London Business News | London Wallet

December 8, 2025
Guinness to open £73m brewery in Covent Garden – London Business News | London Wallet
UK

Guinness to open £73m brewery in Covent Garden – London Business News | London Wallet

December 8, 2025
Starmer unveils plans to deliver £275m for more apprenticeships – London Business News | London Wallet
UK

Starmer unveils plans to deliver £275m for more apprenticeships – London Business News | London Wallet

December 8, 2025
Porsches across Russia stop working which could have been ‘done deliberately’ – London Business News | London Wallet
UK

Porsches across Russia stop working which could have been ‘done deliberately’ – London Business News | London Wallet

December 8, 2025
Next Post
Stocks making the biggest moves midday: Tesla, Centene, Robinhood, Nike and more

Stocks making the biggest moves midday: Tesla, Centene, Robinhood, Nike and more

Related News

The economy is refusing to die — which may mean it’s time to go risk-on

The economy is refusing to die — which may mean it’s time to go risk-on

October 10, 2023
Veteran investor David Roche says a credit crunch is coming for ‘small-town America’

Veteran investor David Roche says a credit crunch is coming for ‘small-town America’

April 20, 2023
Boris Johnson’s exit ‘very Trumpian’, says his former press secretary

Boris Johnson’s exit ‘very Trumpian’, says his former press secretary

June 10, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?