UK markets tumbled amid swirling doubts over Chancellor Rachel Reeves' future #politics
July 2, 2025
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1:19Now PlayingUK markets tumbled amid swirling doubts over Chancellor Rachel Reeves' future #politics
YouTube Description
as posted by the channelUK markets tumbled amid swirling doubts over Chancellor Rachel Reeves' future after Prime Minister Keir Starmer failed to fully back her when questioned in the House of Commons.
A visibly emotional Reeves sat next to Starmer in the chamber on Wednesday as the premier batted away opposition questions about a humiliating government U-turn a day earlier on planned welfare reforms that left the chancellor with a widening budgetary hole to fill. Markets reacted strongly as Starmer initially failed to back his finance minister when asked, before his team rowed in behind her in subsequent briefings.
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