Is Rachel Reeves now unsackable?

The News Agents

Thursday, 3 July 2025 - 36 minutes

Keir Starmer did a round of interviews this morning in a show of support for his Chancellor. And the reason was clear. After she cried in the Commons chamber yesterday the bond markets started to panic.

If Rachel Reeves leaves the government, so the theory goes, her fiscal rules, her commitment to economic discipline, could be revisited. So after a bumpy week - for both Reeves and the government - has she proved to be unsackable?

And if it is the same Rachel Reeves who is to blame for some of the policy blunders made in the first twelve months of Keir Starmer's premiership - is that a problem?

We speak to Wes Streeting about that, as well as if he'd ever be tempted to take Ozempic...

The News Agents is brought to you by HSBC UK - https://www.hsbc.co.uk/

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