Who is Rachel Reeves? A member of the Labour Party, she is the first female chancellor in British history. She was Member of Parliament (MP) for Leeds West from 2010 to 2024, and following boundary changes, has been MP for Leeds West and Pudsey since 2024. Labour Party leader Rachel Reeves made history on Friday when Sir Keir Starmer, the UK’s new Prime Minister, appointed her as his Chancellor of the Exchequer, making her the first woman to hold the prestigious position. “Being appointed Chancellor of the Exchequer is the greatest honor of my life. Driving economic growth is the Labour Party’s primary goal.”
Latest News: Rachel Jane Reeves (born 13 February 1979) is a British politician who has served as Chancellor of the Exchequer since July 2024. A member of the Labour Party, she is the first female chancellor in British history. She has been Member of Parliament (MP) for Leeds West and Pudsey, previously Leeds West, since 2010.
Who is Rachel Reeves?
Reeves was born on February 13, 1979, in southwest London. In 2021, he became Labour’s finance policy chief and later served as the Shadow Chancellor of the Exchequer under Starmer, who was then the Leader of the Opposition. She used to be a champion in chess and previously worked as an economist at the Bank of England (BoE). Additionally, she was temporarily assigned to the British embassy in Washington and the British bank Halifax/Bank of Scotland (HBOS).
Reeves, who became a member of the Labour Party at 16, was elected as a Member of Parliament (MP) in 2010, representing the Leeds West area. She successfully defended her position in the elections of 2015, 2017, and 2019. She was elected as the first Member of Parliament for the newly established Leeds West and Pudsey constituency in the July 4 general election. Additionally, her sister Ellie Reeves is affiliated with the Labour Party. The new Chancellor of the Exchequer, aged 45, replaces Jeremy Hunt from the Conservative party and attended New College, Oxford, and the London School of Economics (LSE).
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About Rachel Reeves
Rachel Jane Reeves is a prominent British politician known for her role as the Shadow Chancellor of the Exchequer since 2021. She represented Leeds West as a Member of Parliament from 2010 to 2024, demonstrating her commitment to public service and governance. Reeves is highly educated, having studied at prestigious institutions such as New College, Oxford, and the London School of Economics. Her professional background includes valuable experience at esteemed organizations like the Bank of England and HBOS, which has equipped her with a strong understanding of financial matters and economic policies. As an influential figure in British politics, Rachel Jane Reeves continues to make significant contributions to shaping economic strategies and advocating for the welfare of the nation.
Born: 13 February 1979 (age 45 years), Lewisham, London, United Kingdom
Previous offices: Shadow Chancellor of the Duchy of Lancaster (2020–2021), MORE
Spouse: Nicholas Joicey
Education: University of Oxford, New College, London School of Economics and Political Science
Office: Chancellor of the Exchequer since 2024
Party: Labour Party
Personal Life
| Born | Rachel Jane Reeves 13 February 1979 (age 45)
Lewisham, London, England |
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| Political party | Labour |
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| Spouse | Nicholas Joicey |
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| Children | 2 |
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| Relatives | Ellie Reeves (sister) |
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| Alma mater | - New College, Oxford
- London School of Economics
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Net Worth
value £3,679.72.
Rachel Reeves Becomes UK’s First Woman Finance Minister, Who Is She?
Rachel Reeves has made history by becoming the UK’s first female finance minister. Aged 45, Reeves, an economist, has committed to boosting the country’s economy. She is known to have excelled as a child chess champion and worked as an economist for the Bank of England. Reeves assumes the role of chancellor of the exchequer following her centre-left Labour party’s decisive victory in the recent UK general election, putting an end to the right-wing Conservatives’ 14-year rule.
Reeves expressed gratitude for being appointed chancellor of the exchequer by UK’s new Prime Minister Keir Starmer, emphasizing the importance of limitless ambitions for young girls and women. The Labour Party in the UK had focused on economic growth and wealth creation in its election manifesto. Reeves highlighted that economic growth is now a national priority and called for action to begin. The Labour Party committed to establishing Great British Energy to lead the funding for the transition to green energy.
Reeves, who was born in London, capitalized on the public’s frustration with Liz Truss, the predecessor of Sunak, whose 2022 mini-budget without funding caused the pound to plummet and led to a sharp increase in mortgage rates, exacerbating a cost-of-living dilemma.
Rachel Reeves Journey
At the age of 14, Reeves won the UK girls’ chess championship. She then pursued studies in philosophy, politics, and economics at the University of Oxford, followed by a Master’s degree from the London School of Economics. After working as an economist for ten years, initially at the Bank of England and later transitioning to the private industry, Reeves was elected as the Labour MP for Leeds West in northern England in 2010. Starmer appointed her as the Labour Party’s finance spokesperson eleven years later.
Rachel Reeves Images
