Move partially reverses sell-off prompted by investor fears chancellor would be sacked after emotional PMQs appearance

Sir Keir Starmer said Rachel Reeves was upset about a personal issue, and was caught on camera because there’s no ‘hiding place’ in politics.

Sir Keir Starmer has insisted that Rachel Reeves will remain Chancellor "for a very long time". The Prime Minister said she is doing an "excellent job" at No11 following yesterday's tears in the House of Commons.