McFadden, Jones Top UK Bookmakers' List of Reeves Successors
UK financial markets tumbled on Wednesday after Chancellor of the Exchequer Rachel Reeves' tearful appearance in Parliament stoked speculation about her future in Keir Starmer's government.
Reeves had already been under pressure after a Labour party rebellion forced a significant rollback to proposed welfare cuts — the latest policy about-face that poses a challenge to her plans for putting the UK's finances on a sustainable course.
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