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.

The Chancellor, who has disparagingly been dubbed "Rachel from accounts" in some circles, is on the defensive after the pound sunk to a 14-month low yesterday.

The Prime Minister Sir Keir Starmer and the Chancellor Rachel Reeves are no Tony Blair and Gordon Brown.

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

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.

Keir Starmer has insisted Rachel Reeves is doing a “fantastic job” amid mounting criticism of her performance as chancellor. The prime minister gave her a huge vote of confidence amid fresh turmoil for the UK economy on the international money markets this morning.

And yet the markets are collectively passing a verdict on Starmer and Reeves's economic plan right now and it isn't exactly a ringing endorsement – and wobbly markets can prompt political wobbles. These shouldn't be overstated, but neither should they be ignored.

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

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

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

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.