Starmer Declines to Confirm Reeves' Future as Chancellor

Sir Keir Starmer has faced significant scrutiny regarding the future of Chancellor Rachel Reeves as the UK economy struggles, with the pound recently hitting a 14-month low and soaring government borrowing costs. Although Starmer expressed his full confidence in Reeves and praised her for taking tough decisions, he notably avoided committing to her position at the next general election. This uncertainty arises amid concerns about high borrowing costs forcing potential cuts to public spending or tax hikes. Critics within the government have accused Reeves of losing direction in economic policy, exacerbating the pressure for her resignation. Starmer emphasized the importance of adhering to fiscal rules to ensure economic stability, but admitted that turning around the economy will take time. The political climate remains tense, with increasing calls for accountability as the Labour government navigates these challenges.