The Prime Minister’s actions strongly suggest that he has lost confidence in the Chancellor

Prime Minister promotes Darren Jones as part of attempt to reset his premiership

The Prime Minister has not so much undermined his Chancellor as publicly humiliated her

When prime ministers publicly disagree with their chancellor, disaster soon follows. Both the Tories and Labour have reason to know this

The PM has pinched Rachel Reeves’ deputy in a mini-reshuffle, meaning the new term is starting as chaotically as the last one finished

The Prime Minister’s actions strongly suggest that he has lost confidence in the Chancellor

In a sign that he plans to take personal charge of the autumn Budget , the Prime Minister appointed his own economic guru and poached the Chancellor's deputy and chief tax adviser.

The pound has fallen sharply in the wake of Sir Keir Starmer’s economic reshuffle that sidelined Rachel Reeves.