Iron Chancellor
Rachel Reeves defends her decision to increase taxes, stating that the UK would have faced soaring borrowing costs if she hadn't taken action during the Budget. She embraces the nickname 'Iron Chancellor' amidst market turmoil.
Consequences of Inaction
Reeves points out that failing to address economic pressures would have led to significant consequences, highlighting the importance of her decisions in stabilizing borrowing costs for the government, families, and businesses.
Resilience Against Criticism
Despite facing calls for her removal, Rachel Reeves remains steadfast, stating that she will not be deterred by critics who do not wish for her or the government to succeed. She emphasizes her commitment to growing the economy and improving the lives of working people.
Future Plans
Downing Street confirms that Rachel Reeves will remain as Chancellor until 2029, signaling long-term stability in the Treasury. Prime Minister Keir Starmer expresses full confidence in her abilities to lead the country's economic agenda.
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