Rachel Reeves

**Rachel Jane Reeves** (born 13 February 1979) is a British politician who has been the Chancellor of the Exchequer since July 2024. She is a member of the Labour Party. She has been the Member of Parliament for Leeds West and Pudsey, formerly Leeds West, since 2010.

## Early life and education

Born in Lewisham, London, Reeves studied at Oxford New College and the London School of Economics before working as an administrative manager at the Bank of England, the British Embassy in Washington and HBOS.

## Political career

She was elected in the 2010 general election. Then she served in Ed Miliband's shadow cabinet as Shadow Chief Secretary to the Treasury from 2011 to 2013. She also worked as Shadow Secretary for Work and Pensions from 2013 to 2015. Reeves did not return to the shadow cabinet following Jeremy Corbyn's election as Leader of the Labour Party in 2015. Instead she served as chair of the Business, Energy and Industrial Strategy Committee from 2017 to 2020.

After Keir Starmer was elected Leader of the Labour Party in 2020, he appointed Reeves as Shadow Chancellor of the Duchy of Lancaster. She replaced Anneliese Dodds as shadow chancellor in May 2021.

Following Labour's landslide victory in the 2024 general election, Reeves was appointed as Chancellor of the Exchequer. She became the first woman to hold the office of Chancellor in its 708-year history. She made her first statement as Chancellor two days later, announcing measures to grow the economy. Reeves also announced her first budget would be released later in the year in the autumn.

## Personal life

Reeves is married to Nicholas Joicey, a civil servant and Gordon Brown's former private secretary and speech writer. The couple have homes in Leeds (Bramley) and London. Reeves announced her first pregnancy on 20 September 2012 and gave birth to a daughter, and in 2015 to a son.

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## Infobox (officeholder)

- **embed**: yes
- **subterm**: 2021–2024
- **suboffice**: Shadow Chancellor of the Exchequer, Chancellor of the Exchequer
- **subterm1**: 2020–2021
- **suboffice1**: Shadow Chancellor of the Duchy of Lancaster, Duchy of Lancaster
- **subterm2**: 2020–2021
- **suboffice2**: Shadow Minister for the Cabinet Office, Cabinet Office
- **subterm3**: 2013–2015
- **suboffice3**: Shadow Secretary of State for Work and Pensions, Work and Pensions
- **subterm4**: 2011–2013
- **suboffice4**: Shadow Chief Secretary to the Treasury, Chief Secretary to the Treasury


## Infobox (officeholder)

- **name**: Rachel Reeves
- **image**: Rachel Reeves Official Cabinet Portrait, July 2024 (cropped 2) (cropped).jpg
- **caption**: Official portrait, 2024
- **office**: Chancellor of the Exchequer
- **primeminister**: Keir Starmer
- **term start**: 5 July 2024
- **predecessor**: Jeremy Hunt
- **office1**: Chair of the Business, Energy and Industrial Strategy Committee
- **term start1**: 12 July 2017
- **term end1**: 6 May 2020
- **predecessor1**: Iain Wright
- **successor1**: Darren Jones (politician), Darren Jones
- **office2**: Member of Parliament (United Kingdom), Member of Parliament
for Leeds West and Pudsey

- **term start2**: 6 May 2010
- **predecessor2**: John Battle (politician), John Battle
- **majority2**: 12,392 (32.2%)
- **birth name**: Rachel Jane Reeves
- **birth place**: Lewisham, London, England
- **party**: Labour Party (UK), Labour
- **children**: 2
- **education**: Harris Academy Bromley, Cator Park School for Girls
- **relations**: Ellie Reeves (sister)
- **residence**: 11 Downing Street, London