Rachel Reeves' grip on her position as Chancellor of the Exchequer looks ever more tenuous thanks to the Prime Minister's cackhanded economic reshuffle.

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

Rachel Reeves' grip on her position as Chancellor of the Exchequer looks ever more tenuous thanks to the Prime Minister's cackhanded economic reshuffle.

Rachel Reeves has “much more to do” to fix the British economy, Wes Streeting has admitted.

Ministers are struggling to cool alarm after interest rates on UK gilts rose again this morning, having spiked to 27-year highs yesterday.