Reeves warns against risking economic stability with leadership battle, after UK growth beats forecasts in March – business live

Chancellor warns against plunging the country ‘into chaos’ with leadership battle, after economy grows at fastest pace in a year in Q1 2026

UK economy records surprise 0.3% growth despite Iran war

Analysis: Reeves says ‘if economy ain’t broke, don’t fix it’

Chancellor Rachel Reeves also warned this morning that a leadership battle could plunge the UK ‘into chaos’, and threaten its economic recovery.

Asked by the BBC about the possibility that health secretary Wes Streeting triggers a Labour party leadership race, Reeves argues that the government will be able to invest more in public services and help households and businesses because of the pick-up in growth.