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Chancellor Reeves Faces Calls to Resign Over Budget Crisis

11/17/2025

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Story summary
  • The Chancellor of the Exchequer, Rachel Reeves, faces mounting pressure to resign over her handling of the economy, with critics saying the 2025 Budget has crippled growth before delivery.
  • Senior Labour MPs have urged her to abandon the plans, citing a breach of party manifesto pledges.
  • Observers say she has failed to manage national finances, leading to record borrowing and debt, prompting calls to acknowledge shortcomings and step down.