Rachel Reeves destroys all she touches Keir Starmer must fire her NOW | Personal Finance | Finance
Almost from day one Labour’s chancellor been a disaster. She hasn’t just trashed the UK economy, smashed confidence and buried us in debt, she’s sunk her own party too. Reeves single-handedly wipe out Labour’s own popularity within weeks of its general election landslide, and has treated us to a virtuoso display of political and economic incompetence ever since. She’s a disaster for her boss too, dragging Sir Keir Starmer into one calamity after another. Yes, the PM is a total pudding, but he wouldn’t have sunk this low if he had a halfway competent chancellor. Yet he still hasn’t got the backbone to remove her. Now he HAS to act.
Labour stormed the 2024 election but within weeks the nation had turned on the party. The reason? Rachel Reeves. Her decision to axe the winter fuel payment for 10 million pensioners will go down as an all-time political howler. But that was only a taste of what was coming our way.
Reeves then scared the life out of businesses and taxpayers by warning of a brutal maiden Budget months in advance. Incredibly, her £40billion blitz was even worse than expected, hammering farmers, pensioners, savers, inheritances small businesses and sending unemployment to a five-year high. She even made death worse. And still she was only getting into her stride.
Incredibly, her second Budget was even worse. The economy froze altogether as Britons braced for another £26billion smash and grab. Reeves threw in a humiliating flip-flop over income tax for good measure. She constantly drones on about having a plan, restoring stability and creating growth, while laying waste to all around her. We’ve just got fresh evidence of that today, with figures showing the economy shrank again in April. She’ll blame Iran. But the economy had flatlined well before that.
Reeves is a one-woman farce but yesterday she surpassed herself. While piling yet more humiliation on Starmer. Right from the start, she’s refused to properly fund the nation’s defence. She managed to find £27.8billion to fund her National Wealth Fund, which is a massive vanity project that’s been burning cash even faster than she normally does. But she couldn’t find a similar sum to defend the nation. Does she know there’s a war on? It’s in a country called Ukraine. Next to Russia. Or maybe she thinks weapons are nasty things and we shouldn’t buy them. Plenty on the left do.
Her failure helped trigger yesterday’s stunning resignation of defence secretary John Healey. He’s that vanishingly rare thing. A respected Labour cabinet member. Or rather, he was. He quit after exposing the reality that Britain’s armed forces are unfit for purpose, and directly blamed Reeves. She’s destroyed the British army, something even Hitler couldn’t do. And she’s sunk Starmer too. Again. The PM is now living on borrowed time.
Starmer and Reeves were inseparable during the general election. Everyone felt they would rise and fall together. That has to change. If Starmer has any sense, and any instinct for self-preservation, he would fire her immediately. It would be one of the few genuinely popular things he’s done.
Reeves is a calamity. But she hasn’t just inflicted suicidal economic policies on the UK, she’s blown up the Labour Party too. It’ll be lucky to ever win power again. And still Keir Starmer still doesn’t have the brains or guts to show her the door. Frankly, this waste of a suit deserves what he gets. We don’t though. She must go.
