Starmer Reaffirms Confidence in Chancellor Reeves
Why it matters:
Prime Minister Keir Starmer openly backed Chancellor Rachel Reeves following her visibly emotional performance during PMQs on July 2. He emphasized she “will remain chancellor for a very long time,” aiming to stabilize both political and market confidence reuters.com+1theguardian.com+1.
Key angles for your blog:
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Explain the PMQs moment and public reaction.
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Detail the £5 billion welfare U-turn, including the policy’s reversal and its implications.
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Add financial context: the reaction of bond yields, the pound, and investor sentiment.
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Use keywords like: “Rachel Reeves emotional PMQs,” “UK welfare U‑turn impact,” “Starmer backs Reeves markets.”