Keir Starmer has insisted Rachel Reeves will be chancellor “for many, many years to come” amid fierce criticism of her performance in the job. The prime minister delivered his vote of confidence following days of negative news on the economy.

The Chancellor, who has disparagingly been dubbed "Rachel from accounts" in some circles, is on the defensive after the pound sunk to a 14-month low yesterday.

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