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Rachel Jane Reeves (born 13 February 1979) is a British politician who has served as Chancellor of the Exchequer since July 2024. A member of the Labour Party, she has been Member of Parliament (MP) for Leeds West and Pudsey, formerly Leeds West, since 2010.
The chancellor of the exchequer, often abbreviated to chancellor, [3] is a senior minister of the Crown within the Government of the United Kingdom, and the head of His Majesty’s Treasury. As one of the four Great Offices of State , the chancellor is a high-ranking member of the British Cabinet .
Rachel Reeves became Chancellor of the Exchequer on 5 July 2024, upon her appointment by Prime Minister Keir Starmer, following Labour's victory in the 2024 general election. She succeeded Conservative chancellor Jeremy Hunt, and became the first woman to hold the office of Chancellor in its 708-year history. [1]
Rachel Reeves is making history as the first female Chancellor of the Exchequer to deliver a budget on Wednesday (30 October). Ever since William Gladstone in the 1860s, the Chancellor of the ...
Following the general election on 4 July, Prime Minister Sir Keir Starmer appointed Rachel Reeves as Chancellor of the Exchequer, thus making Reeves the first female Chancellor in the 708 year history of HM Treasury. [15] Starmer appointed women to a record half of the Cabinet, including three of the five top positions in the British government.
Following Truss's appointment as Prime Minister, she appointed Kwarteng as Chancellor of the Exchequer. He was the first black Chancellor. [5] On 23 September 2022, he announced a set of economic policies named "The Growth Plan 2022" in what the Treasury described as a "fiscal event"; this was dubbed a "mini-budget" by the media.
In 2020, Sunak was promoted to Chancellor of the Exchequer. During his time in the position, Sunak was prominent in the government's financial response to the COVID-19 pandemic and its economic impact, including the furlough and Eat Out to Help Out schemes, and the cost-of living crisis. As chancellor, Sunak received high approval and ...
Jeremy Richard Streynsham Hunt (born 1 November 1966) is a British politician who served as Chancellor of the Exchequer from 2022 to 2024 and Foreign Secretary from 2018 to 2019, having previously served as Secretary of State for Health and Social Care from 2012 to 2018 [a] and as Secretary of State for Culture, Olympics, Media and Sport from ...