Rachel Reeves

The Right Honourable
Rachel Reeves
MP
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
2021–2024
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; 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 and economist who has served as Chancellor of the Exchequer since 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.^[2] On the backbenches, she served as chair of the Business, Energy and Industrial Strategy Committee from 2017 to 2020. She was ranked as the first most powerful person in British left-wing politics by the New Statesman in 2023.^[3]

Following Labour's victory in the 2024 general election, Reeves entered government and was appointed Chancellor of the Exchequer by Starmer in his government, becoming the first woman to hold the office in its 708-year history. Reeves publicly espoused modern supply-side economics – an economic policy that focuses on infrastructure, education and labour supply by rejecting tax cuts, deregulation and over-reliance on market mechanisms.^[4]^[5]^[6]

^ "Ministerial Appointments: July 2024". GOV.UK. Retrieved 5 July 2024.
^ "The Londoners in the new cabinet". BBC News. Retrieved 7 July 2024.
^ Statesman, New (17 May 2023). "The New Statesman's left power list". New Statesman. Archived from the original on 15 November 2023. Retrieved 13 December 2023.
^ "Modern supply side economics: A new consensus?". IPPR. Retrieved 7 July 2024.
^ Wearmouth, Rachel (25 July 2022). "Why Keir Starmer has borrowed the Tories' "magic money tree" attack line". New Statesman. Retrieved 10 June 2023.
^ >Reeves, Rachel (7 July 2022). "The Tories have left our economy in a mess. This is how Labour would fix 12 years of damage". inews.co.uk. Retrieved 10 June 2023.

[1] "Ministerial Appointments: July 2024". GOV.UK. Retrieved 5 July 2024.

[2] "The Londoners in the new cabinet". BBC News. Retrieved 7 July 2024.

[:22-3] Statesman, New (17 May 2023). "The New Statesman's left power list". New Statesman. Archived from the original on 15 November 2023. Retrieved 13 December 2023.

[4] "Modern supply side economics: A new consensus?". IPPR. Retrieved 7 July 2024.

[no-magic-money-5] Wearmouth, Rachel (25 July 2022). "Why Keir Starmer has borrowed the Tories' "magic money tree" attack line". New Statesman. Retrieved 10 June 2023.

[tory-mess-6] >Reeves, Rachel (7 July 2022). "The Tories have left our economy in a mess. This is how Labour would fix 12 years of damage". inews.co.uk. Retrieved 10 June 2023.

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