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UK PM Starmer's new cabinet: Who is Rachel Reeves, UK's first female Chancellor of Exchequer?
Rachel Reeves becomes Britain's first female finance minister after the Labour Party's landslide election victory on Friday. Reeves, born on February 13, 1979, is a former chess champion and an ex-Bank of England economist who joined the party at the age of 16. She became the Labour's finance policy chief in 2021 and then served as the shadow Chancellor of the Exchequer. She has been a member of Parliament for Leeds West from 2010 to 2024. Now, the main question is: what will be her opening 'gambit' in this tricky fiscal situation?
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