Move partially reverses sell-off prompted by investor fears chancellor would be sacked after emotional PMQs appearance

Sir Keir Starmer said Rachel Reeves was upset about a personal issue, and was caught on camera because there’s no ‘hiding place’ in politics.

In the aftermath, Keir Starmer backed Reeves, telling BBC Radio 4 she was doing “an excellent job” and would remain in her position “for a very long time to come.”