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LONDON DAILY ARCHIVE

Starmer Affirms Support for Treasury Chief Amid Fiscal Row

Prime Minister backs Reeves despite economic turbulence

02 July 2025 · 23:48 UTC

UK Prime Minister Keir Starmer has publicly backed Chancellor Rachel Reeves as she faces mounting criticism over the government’s fiscal policy U-turns and rising borrowing costs.

Starmer’s intervention aims to shore up confidence in his leadership team amid investor unease and calls for clearer economic direction.