Rachel Reeves
Chancellor of the Exchequer
Rachel Reeves
Chancellor of the Exchequer
Rachel Reeves is a British Labour politician who became the first female Chancellor of the Exchequer in 2024, following Labour's general election win. Born in 1979 in Lewisham, London, she studied PPE at Oxford and earned a master’s in economics from the LSE. Before entering politics, she worked as an economist at the Bank of England and HBOS. Reeves has been the MP for Leeds West (now Leeds West and Pudsey) since 2010, holding several key shadow cabinet roles before being appointed Shadow Chancellor in 2021. As Chancellor, she introduced major tax reforms, public sector pay increases, and a National Wealth Fund, while also making some controversial cuts. She is married with two children, and her sister, Ellie Reeves, is also a Labour MP. In 2023, she faced criticism over plagiarism in her book on women economists, with her publisher promising corrections.
Labour's Credibility Plummets: Just 24% of Brits Believe Party 'Cares About Ordinary People'
- Wednesday, 16 April 2025

According to YouGov research, only 24% of Brits believe Labour "cares about ordinary people", the lowest score since 2019, down from 27% two months ago. Meanwhile, Keir Starmer’s personal standings have taken a hit with a net rating of minus 34, while Rachel Reeves' level has plunged to minus 48, with nearly two-thirds viewing her poorly and only 14% having a positive impression.