After she cried today during PMQ's, can she survive as Chancellor, the job she's held for a year? They say it was for personal reasons but the press aren't buying it. She seems to be being blamed for the defeat last night and now has 20 billion to find without raising taxes. Markets have fallen today. Will she survive as Chancellor?

For the first time, Starmer refused to back her today but a press release from No.10 did.

Will she jump before being pushed?

She hasn't a lot of room for manoevere to get the 20bn now, without breaking the election pledger of not raising taxes.

57 minutes ago, CRAZY CHRIS said:

After she cried today during PMQ's, can she survive as Chancellor, the job she's held for a year? They say it was for personal reasons but the press aren't buying it. She seems to be being blamed for the defeat last night and now has 20 billion to find without raising taxes. Markets have fallen today. Will she survive as Chancellor?

What defeat? Labour won the vote?

10 hours ago, Steve201 said:

What defeat? Labour won the vote?

Yes, sorry, they did but the policy was watered down to please the rebels.

Not remotely a fan but it’s extraordinary that crying should be seen as some sort of sackable offence. No wonder we end up with so much inauthenticity in politics. Whatever she was upset about, someone should have suggested she sit it out.

59 minutes ago, Julian_ said:

Not remotely a fan but it’s extraordinary that crying should be seen as some sort of sackable offence. No wonder we end up with so much inauthenticity in politics. Whatever she was upset about, someone should have suggested she sit it out.

It's not the crying but her incompetence at being Chancellor.

1 hour ago, CRAZY CHRIS said:

It's not the crying but her incompetence at being Chancellor.

Then why mention it in the first line of your thread - you've linked her crying to her carrying on and being in place as Chancellor.

You haven't mentioned her so called incompetence in your OP, they also won the vote on the benefits thing too, you're just feeding from the right wing media whipping up bollocks.

What's also amusing is that Reeves gets called emotionless and robotic, yet shows emotion and is the reason she should go :D

Edited July 3Jul 3 by ElectroBoy

The markets thinking her job was in danger yesterday caused the pound to drop.

Confirmations that she will stay in her job this morning and that 'she will be Chancellor for a very long time' caused government bonds to rally this morning.

Yes she'll survive, this isn't the normal 'full confidence', there's a deliberate effort this morning to enforce that she is staying; and the markets are liking her as a stable force if nothing else.

Whether she'll do any good long-term I don't know because of the total lack of ambition to force the change necessary but for financial stability and representation of the government she and Starmer are in lockstep.

The markets likely believed she would be replaced with someone with more ambition who would spend more.