Who is Rachel Reeves? Britain’s first female chancellor to give first Labour speech at conference

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The chancellor is expected to state that her archetypal budget, owed connected October 30, volition not beryllium an austerity measure, and alternatively volition “rebuild Britain” and present the alteration they promised the electorate.

Ms Reeves is acceptable to marque her code successful the shadiness of the enactment implicit donations accepted by the premier curate and a fig of furniture ministers .

The chancellor is expected to say: "There volition beryllium nary instrumentality to austerity. Conservative austerity was a destructive prime for our nationalist services – and for concern and growth, too.

"We indispensable woody with the Tory bequest and that means pugnacious decisions. But we won't fto that dim our ambition for Britain.”

But what bash cognize astir the serving chancellor?

Rachel Reeves has served arsenic the Member of Parliament (MP) for Leeds West since 2010 and arsenic the shadiness chancellor since May 2021.

She is present the chancellor since Labour won the election.

Below is simply a elaborate overview of her beingness and career:

Birth: Ms Reeves was calved connected February 13, 1979, successful Lewisham, London.
Family background: She comes from a household emphasising nationalist service; her begetter was a teacher and her parent worked arsenic a societal worker.
Education: Ms Reeves attended Cator Park School for Girls successful Bromley. She told the Daily Telegraph successful 2022 however she would enactment connected schoolhouse projects during the holidays due to the fact that she liked to "do good astatine things" and get "top marks". She aboriginal studied astatine New College, Oxford, earning a philosophy, politics, and economics (PPE) degree. Subsequently, she completed a master’s grade successful economics from the London School of Economics.

Professional vocation earlier politics

Banking and economics: Before entering politics, Ms Reeves worked arsenic an economist. She began her vocation astatine the Bank of England and aboriginal worked arsenic an economist astatine the British Embassy successful Washington, DC. She besides worked for Halifax Bank of Scotland (HBOS) and successful the backstage assemblage for the absorption consulting steadfast Bank of America Merrill Lynch.

Entry into politics: Ms Reeves archetypal contested for the Labour Party successful the 2005 wide predetermination successful the constituency of Bromley and Chislehurst but was not elected.
MP for Leeds West: In the 2010 wide election, she was elected arsenic the MP for Leeds West, succeeding John Battle.

Shadow Chief Secretary to the Treasury: In 2011, she was appointed to this role, shadowing the Chief Secretary to the Treasury.
Shadow Secretary of State for Work and Pensions: In 2013, she was promoted to this position, wherever she focused connected payment issues and was known for her stance connected reforming the payment system.
Chair of the Business, Energy and Industrial Strategy Committee: From 2017 to 2020, she chaired this influential committee, overseeing concern and concern policy.
Shadow Chancellor of the Duchy of Lancaster: Appointed successful April 2020, she importantly scrutinised the Government’s effect to the Covid-19 pandemic.
Shadow Chancellor of the Exchequer: In May 2021, Labour person Sir Keir Starmer appointed her to this elder role, wherever she became liable for the party’s economical policies and attack to nationalist finances.
Chancellor of the Exchequer: Appointed by PM Keir Starmer aft winning the predetermination successful July 2024.

Political stance and achievements

Economic policy: Ms Reeves is known for her pragmatic attack to monetary policy, advocating fiscal work portion promoting concern successful nationalist services and infrastructure.
Labour Party reforms: She has been instrumental successful modernising the Labour Party's economical stance, emphasising the request for a beardown and liable fiscal argumentation to summation nationalist trust.
Environmental and societal issues: Ms Reeves has been vocal astir the value of addressing clime alteration and has supported assorted societal justness initiatives.

Family: Ms Reeves is joined to Nicholas Joicey, a civilian servant who has worked successful elder positions astatine the Treasury and the Department for Work and Pensions. The mates person 2 children. Ms Reeves’ sister, Ellie Reeves, is the Labour MP for Lewisham West and Penge.
Publications and media: On apical of her governmental career, Ms Reeves is an writer and has written books connected economical and societal history, including a biography of Alice Bacon, the archetypal pistillate MP for Leeds.
Interests: She has a keen involvement successful past and is known to beryllium a instrumentality of cycling and running. Sky News reported that Ms Reeves's competitory streak defines her emotion of chess, which her begetter taught her erstwhile she was seven, giving her the "chess bug". She aboriginal became the British girls' under-14 champion.

What has her relation been since being successful power?

Rachel Reeves has been engaged successful the months since Labour took over.

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