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Rachel Reeves

Rachel Reeves

Chancellor of the Exchequer

LabourMP for Leeds West and Pudsey

What Rachel said recently

Written statement

Defence funding update

“The first job of any government is to keep people safe. Since I’ve been Chancellor, I’ve been clear that national security is central to our economic security, and we have invested record sums into defence. The government has today confirme…”

Questions

Oral questions: Treasury

“The Government recognise that energy costs, inflation and global pressures continue to squeeze household budgets. That is why we have taken careful, targeted action through the great British summer savings package which launches on Thursday…”

Written statement

Notification of Contingent Liability

“The independent Monetary Policy Committee (MPC) of the Bank of England (“the Bank”) decided at its meeting ending on 3 February 2022 to reduce the stocks of UK government bonds and sterling non-financial investment-grade corporate bonds hel…”

Questions

Oral questions: Treasury

“The Government are committed to improving living standards for people across the UK. Thanks to decisions I made in the Budget, the energy price cap reduced by £117 a year, on average, in April. We have extended the cut in fuel duty twice, a…”

Written statement

Mais speech

“I am updating the House on the government’s economic plan to increase living standards, build resilience and bolster the security of the UK economy.…”

Questions

Oral questions: Treasury

“I am grateful to my honourable Friend for raising this important issue. While the approved mileage allowance payment rates have not changed since 2011, I recognise that motoring costs have evolved significantly, and it is an important issue…”

Questions

Oral questions: Treasury

“I am very sorry to see your leg in such a way, Mr Speaker. We are committed to driving growth everywhere. The Budget ensured that Scottish public services are fairly funded, with an extra £820 million for the Scottish Government through the…”

Written statement

UK Sanctions

“Today, at my direction, the Office of Financial Sanctions Implementation (OFSI) issued a licence permitting the transfer of over £2.5 billion from the sale of Chelsea Football Club to a new charitable foundation. The foundation will spend t…”

Questions

Oral questions: Treasury

“The approach in the Budget provides significant support for low-income households, taking an average of £150 off people’s energy bills from April next year, freezing rail fares and prescription fees for a year, and expanding the free childc…”

Statement

Financial Statement and Budget Report

“It is my understanding that the Office for Budget Responsibility’s “Economic and fiscal outlook” was released on its website before this statement. This is deeply disappointing and a serious error on its part. It has already made a statemen…”

Written statement

Notification of Contingent Liability

“The independent Monetary Policy Committee (MPC) of the Bank of England (“the Bank”) decided at its meeting ending on 3 February 2022 to reduce the stocks of UK government bonds and sterling non-financial investment-grade corporate bonds hel…”

Questions

Oral questions: Treasury

“I thank my honourable Friend for her question. She is a proud supporter of everything in the Congleton constituency. This Government are committed to regional growth, with growth in all parts of the United Kingdom. That is why the Treasury …”

Questions

Oral questions: Treasury

“Before I start, I quickly welcome my honourable and learned Friend the Member for Northampton North (Lucy Rigby) and my honourable Friend the Member for Chipping Barnet (Dan Tomlinson) to the team. I also congratulate my honourable Friend t…”

Written statement

Economic Strategy

“Today I can inform the House that I have asked the Office for Budget Responsibility (OBR) to prepare an economic and fiscal forecast for publication on 26 November 2025, which will be accompanied by the annual Budget.…”

Questions

Oral questions: Treasury

“The Government are committed to ensuring that there are fewer sick and disabled people in poverty by helping them into work and getting them off NHS waiting lists. That is why at the spring statement we announced the largest investment in e…”

Questions

Oral questions: Treasury

“The Government considered all the policies in the autumn Budget carefully, in the context of the difficult fiscal inheritance that we had received from the Conservative party. The decisions to increase employers’ national insurance contribu…”

Written statement

Notification of Contingent Liability

“The independent Monetary Policy Committee (MPC) of the Bank of England (“the Bank”) decided at its meeting ending on 3 February 2022 to reduce the stocks of UK government bonds and sterling non-financial investment-grade corporate bonds hel…”

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