Rachel Reeves, a former Bank of England economist, has been officially named as Britain’s Chancellor of the Exchequer by incoming Prime Minister Sir Keir Starmer.
This marks a historic moment as Reeves becomes the first woman to hold this pivotal position in 708 years.
Starmer swiftly made significant changes to his cabinet following his victory on Friday, appointing Angela Rayner as Secretary of State for Levelling Up, Housing, and Communities, as well as Deputy Prime Minister.
Other appointments are currently in progress.
Pat McFadden as Chancellor of the Duchy of Lancaster;
David Lammy as Secretary of State for Foreign, Commonwealth and Development Affairs;
Yvette Cooper as Secretary of State for the Home Department;
John Healey as Secretary of State for Defence;
Shabana Mahmood as Lord Chancellor and Secretary of State for Justice;
Wes Streeting as Secretary of State for Health and Social Care;
Bridget Phillipson as Secretary of State for Education;
Ed Miliband as Secretary of State for Energy Security and Net Zero;
Liz Kendall as Secretary of State for Work and Pensions;
Jonathan Reynolds as Secretary of State for Business and Trade and President of the Board of Trade;
Peter Kyle as Secretary of State for Science, Innovation and Technology;
Louise Haigh as Secretary of State for Transport.