Rachel Reeves and Keir Starmer end the week in a better political position than they began it. Market movements have settled, the chatter about Reeves’ position has mostly ended, and the pair have shifted into fight-back mode.

Taxpayers may have breathed a sigh of relief today when Keir Starmer ruled out an emergency Budget this Spring. If they believed him.

Sir Keir Starmer has been eyeing-up 10-years in Downing Street as the Prime Minister vows to spearhead a "decade of national renewal". Starmer, who romped to victory in the 2024 General Election, suffering from one of the earliest ends to a honeymoon period in British political history.

The prime minister told an audience in east London that he is ‘completely confident’ in his team as pressure grows over the economy

Keir Starmer, whose new government is under pressure on the economic front (bond markets are rebelling and Chancellor Rachel Reeves has come under more criticism) has

ANALYSIS: The Conservative leader is scoring points against Starmer and Reeves but to triumph she needs to convince the country she will be a better PM than Nigel Farage

Rachel Reeves has insisted that her critics “won’t get me down” after the UK’s poor economic performance led to intense speculation about her future. Keir Starmer was forced to insist that she would remain chancellor “for many many years to come” after initially failing to say her job was safe.

Prime Minister refuses to guarantee Chancellor’s position, with his spokesman later forced to insist she will stay in post

UK Prime Minister Keir Starmer said he has “full confidence” in Chancellor of the Exchequer Rachel Reeves and stressed that his government would stick to its fiscal rules in response to a surge in UK borrowing costs.

The PM claimed the Chancellor was doing a ‘fantastic job’ despite the controversy over her Budget and the Pound’s drop in value

Sir Keir Starmer has insisted Rachel Reeves will be Chancellor for “many years to come” while facing a grilling at PMQs.

Michael Saunders, a former member of the BoE's monetary policy committee which sets interest rates, said the latest inflation figure would be "some help" in trying to ease some of the worries over the UK economy - more on that in our next post.