Rachel Reeves

The Right Honourable Rachel Reeves MP
Official portrait, 2024
Chancellor of the Exchequer
Incumbent
Assumed office 5 July 2024
Prime Minister	Keir Starmer
Preceded by	Jeremy Hunt
Chair of the Business, Energy and Industrial Strategy Committee
In office 12 July 2017 – 6 May 2020
Preceded by	Iain Wright
Succeeded by	Darren Jones
Shadow portfolios 2021–2024 Chancellor of the Exchequer 2020–2021 Duchy of Lancaster 2020–2021 Cabinet Office 2013–2015 Work and Pensions 2011–2013 Chief Secretary to the Treasury
Member of Parliament for Leeds West and Pudsey Leeds West (2010–2024)
Incumbent
Assumed office 6 May 2010
Preceded by	John Battle
Majority	12,392 (32.2%)
Personal details
Born	Rachel Jane Reeves (1979-02-13) 13 February 1979 (age 45) Lewisham, London, England
Political party	Labour
Spouse	Nicholas Joicey
Relations	Ellie Reeves (sister)
Children	2
Residence(s)	11 Downing Street, London
Education	Cator Park School for Girls
Alma mater	University of Oxford (BA) London School of Economics (MSc)
Signature
Website	www.rachelreeves.net
Rachel Reeves' voice Reeves outlining 'modern supply-side economics' in 2022

Rachel Jane Reeves (born 13 February 1979) is a British politician who has served as the first female Chancellor of the Exchequer and concurrently as Second Lord of the Treasury since July 2024.^[1] A member of the Labour Party, she has been Member of Parliament (MP) for Leeds West and Pudsey, formerly Leeds West, since 2010.

Reeves joined the Labour Party at the age of sixteen, and later studied economics and worked in the Bank of England. After two unsuccessful attempts to be elected to the House of Commons, she was elected as the MP for the seat of Leeds West at the 2010 general election. From 2011 to 2024, Reeves held several roles in the shadow cabinets of Ed Miliband and Keir Starmer, most notably as Shadow Chancellor of the Exchequer from 2021 to 2024. On the backbenches, she served as chair of the Business, Energy and Industrial Strategy Committee from 2017 to 2020.

Reeves campaigned on a platform that advocated modern supply-side economics, an economic policy that focuses on improving economic growth by boosting labour supply and raising productivity, while reducing inequality and environmental damage.