Does Rachel Reeves believe in capitalism?
Politics

Does Rachel Reeves believe in capitalism?

Thursday 17 July 2025 5:43 am|Updated:Wednesday 16 July 2025 12:50 pmRachel Reeves ploughed ahead with her party’s changes to the non-dom regime at last year’s Autumn BudgetThe Chancellor can’t do the biggest things she needs for growth because she can’t escape her own ideology, says Helen Thomas Spin only gets you so far in the business world. Action has to back up rhetoric or the game will be found out. This is the main difference between business and politics: the former is about what works whereas the latter is about what sells. The most powerful leaders in each world adopt a little bit of both, whether it’s Trump’s tax cuts to Make America Great Again or Jamie Dimon’s ruthlessly successful acquisitions. The UK Chancellor is trying to move from the tearful reality of her fiscal constraints...
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Rachel needed a hug. Instead Starmer did the opposite
Politics

Rachel needed a hug. Instead Starmer did the opposite

There are moments in life where you just have to set aside politics and remember that, at the end of the day, we are all human. I thought that years ago, when Margaret Thatcher’s eyes welled up as she left No 10 for good. It wasn’t the first time we had seen her cry – back in 1982 she had lost her composure after her son, Mark, went missing in the desert. This time, though, people seemed to delight in the sight of her reduced to tears; but the truth is that in that moment she was not the Iron Lady at all, just an ordinary woman. You would have needed a heart of stone not to feel sorry for her. It was the same yesterday in Parliament as a big fat tear rolled down the Chancellor Rachel...
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Operation Save Rachel: Keir scrambles to shore up weeping Reeves and guarantees her job after her tears triggered market drop
Politics

Operation Save Rachel: Keir scrambles to shore up weeping Reeves and guarantees her job after her tears triggered market drop

Rachel Reeves put on a smile for cameras today as she appeared at an NHS plan launch less than 24 hours after her dramatic tears at PMQs. The Chancellor was flanked at the event in London by Keir Starmer - who gave her an awkward hug - and Health Secretary Wes Streeting - who heaped praise on her. She said it was 'great to be here today', but did not refer to the scenes from yesterday. And onlookers seemed to be regarding her upbeat demeanour with some scepticism. The PM has given a guarantee that Ms Reeves will remain in her job'into the next election and for many years after' amid continuing mystery over her public show of emotion. Markets slowly recovered ground this morning after being spooked by the the Commons meltdown and speculation Ms Reeves might be on...
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