The PM has raised questions about Reeves’s future in the government, as Starmer has not confirmed her position for the coming year after an aide’s reversal.

The Treasury has reportedly instructed the Cabinet that imminent spending cuts need to be exceedingly stringent, as financial markets place the government’s economic strategy under significant pressure.

Britain faces a challenge with only one week’s supply of gas remaining due to declining storage levels, prompting fresh scrutiny over the nation’s energy strategy in light of current environmental and geopolitical pressures.

Chancellor Reeves faces criticism for travelling to China amidst escalating borrowing costs and market turmoil, as concerns rise over the £40 billion tax burdens impacting British families.