Rachel Reeves named as first female Chancellor in history

The Labour Chancellor of the Exchequer is the first woman chancellor since the role was first instated in the 16th century, 45 years after the first female prime minister was elected

Rachel Reeves, MP for Leeds West and shadow Chancellor since 2021, started her economic and political career studying politics and economics A-levels at sixth form college, then going on to study philosophy, politics, and economics (PPE) at the University of Oxford. She is now the 109th Chancellor in history, and the first woman to hold the position.

Reeves said in a statement on X (formerly Twitter): 'It is the honour of my life to have been appointed Chancellor of the Exchequer.

'I know what responsibility it brings, and I am ready to deliver the change our economy needs to make working people in all parts of the country better off.

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