Chancellor Rachel Reeves Faces Criticism Over Economic Challenges

Reeves defends her fiscal policies and vows to stay in her role despite calls for resignation and concerns about sluggish growth.

Rachel Reeves has rejected calls to step down as Chancellor, asserting her commitment to tackling the UK's economic difficulties.
Recent economic data shows the UK economy grew by just 0.1% in the last quarter, below expectations, while borrowing costs remain a concern.
Critics argue that Reeves' tax increases and focus on fiscal responsibility have contributed to stagnation, though she insists these measures were necessary to stabilize public finances.
Reeves plans to unveil growth-focused policies in an upcoming speech and will represent the UK at the World Economic Forum in Davos next week.
Labour MPs and business leaders are divided over her approach, with some praising her determination and others warning of political risks from potential spending cuts or welfare reforms.