The newly elected Prime Minister of the United Kingdom (UK), Keir Starmer has appointed Rachel Reeves as Finance Minister, the first woman to hold the position in the country’s history, following Labour’s landslide election victory on Friday, July 5.
The 45-year-old, Reeves began her career in banking before becoming chancellor of the exchequer after her centre-left Labour Party (LP) won Thursday’s UK general election by a landslide, ending 14 years of rule by the right-wing Conservatives.
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“It is the honour of my life to have been appointed chancellor of the exchequer,” Reeves wrote on social media platform X after her appointment by new Prime Minister Keir Starmer.
“To every young girl and woman reading this, let today show that there should be no limits on your ambitions.”
Labour had put the economy at the heart of its election manifesto, targeting growth and wealth creation as key priorities in government, while its emphasis on the latter is not normally associated with the party’s traditionally leftist policies.
“Economic growth was the Labour Party’s mission,” Reeves added Friday.
“It is now a national mission. Let’s get to work,” said the married mother of two children.
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