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Chancellor Reeves Faces Dismal Approval Amid Rising Discontent

12/31/2025

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Story summary
  • Chancellor Rachel Reeves ends 2025 with a weakened standing amid business dissatisfaction.
  • A poll shows fewer than 20% of voters view her positively.
  • Critics blame tax increases for rising unemployment and inflation above the target.
  • Labour MPs supported her Budget, which increased taxes on the wealthy to fund welfare.
  • In 2026, Reeves must address contentious welfare reforms and special educational needs funding, with few allies remaining.