-
TikTok signs joint venture deal to end US ban threat
-
Conway's glorious 200 powers New Zealand to 424-3 against West Indies
-
WNBA lockout looms closer after player vote authorizes strike
-
Honduras begins partial vote recount in Trump-dominated election
-
Nike shares slump as China struggles continue
-
Hundreds swim, float at Bondi Beach to honour shooting victims
-
Crunch time for EU leaders on tapping Russian assets for Ukraine
-
Pope replaces New York's pro-Trump Cardinal with pro-migrant Chicagoan
-
Trump orders marijuana reclassified as less dangerous drug
-
Rams ace Nacua apologizes over 'antisemitic' gesture furor
-
McIlroy wins BBC sports personality award for 2025 heroics
-
Napoli beat Milan in Italian Super Cup semi-final
-
Violence erupts in Bangladesh after wounded youth leader dies
-
EU-Mercosur deal delayed as farmers stage Brussels show of force
-
US hosting new Gaza talks to push next phase of deal
-
Chicago Bears mulling Indiana home over public funding standoff
-
Trump renames Kennedy arts center after himself
-
Trump rebrands housing supplement as $1,776 bonuses for US troops
-
Harrison Ford to get lifetime acting award
-
Trump health chief seeks to bar trans youth from gender-affirming care
-
Argentine unions in the street over Milei labor reforms
-
Trump signs order reclassifying marijuana as less dangerous
-
Famed Kennedy arts center to be renamed 'Trump-Kennedy Center'
-
US accuses S.Africa of harassing US officials working with Afrikaners
-
Brazil open to EU-Mercosur deal delay as farmers protest in Brussels
-
Wounded Bangladesh youth leader dies in Singapore hospital
-
New photo dump fuels Capitol Hill push on Epstein files release
-
Brazil, Mexico seek to defuse US-Venezuela crisis
-
Assange files complaint against Nobel Foundation over Machado win
-
Private donors pledge $1 bn for CERN particle accelerator
-
Russian court orders Austrian bank Raiffeisen to pay compensation
-
US, Qatar, Turkey, Egypt to hold Gaza talks in Miami
-
Lula open to mediate between US, Venezuela to 'avoid armed conflict'
-
Brussels farmer protest turns ugly as EU-Mercosur deal teeters
-
US imposes sanctions on two more ICC judges for Israel probe
-
US accuses S. Africa of harassing US officials working with Afrikaners
-
ECB holds rates as Lagarde stresses heightened uncertainty
-
Trump Media announces merger with fusion power company
-
Stocks rise as US inflation cools, tech stocks bounce
-
Zelensky presses EU to tap Russian assets at crunch summit
-
Pope replaces New York's Cardinal Dolan with pro-migrant bishop
-
Odermatt takes foggy downhill for 50th World Cup win
-
France exonerates women convicted over abortions before legalisation
-
UK teachers to tackle misogyny in classroom
-
Historic Afghan cinema torn down for a mall
-
US consumer inflation cools unexpectedly in November
-
Danish 'ghetto' residents upbeat after EU court ruling
-
ECB holds rates but debate swirls over future
-
Pope replaces New York's Cardinal Timothy Dolan with little-known bishop
-
Bank of England cuts interest rate after UK inflation slides
UK's Starmer backs finance minister after tears in parliament
UK Prime Minister Keir Starmer on Wednesday said that finance minister Rachel Reeves would remain in her role for "a very long time to come" after she appeared visibly upset in parliament as rumours swirled around her future.
Tears rolled down Reeves' face after Starmer declined to guarantee that she would remain in place until the next general election, likely in 2029.
It came after his Labour government U-turned over key welfare spending cuts, wiping out a multibillion-pound boost to public finances and triggering speculation that Reeves could lose her job.
The pound slumped more than one percent against the dollar on Wednesday and London's stock market retreated amid the speculation.
A spokeswoman for Starmer later told reporters that Reeves had his "full backing", while a spokesman for Reeves said she had been upset due to a "personal matter".
"The Chancellor is going nowhere. She has the Prime Minister's full backing," Starmer's press secretary said.
Asked why he had not confirmed faith in Reeves when asked in the House of Commons, she said: "He has done so repeatedly."
"The Chancellor and the Prime Minister are focused entirely on delivering for working people," she added.
Starmer later told the BBC that Reeves had done "an excellent job as chancellor" and would remain in the job for "a very long time to come".
He said her tears at the weekly Prime Minister's Questions session had "nothing to do with politics" and it was "absolutely wrong" to suggest otherwise.
Asked about why Reeves was upset, her spokesman said in a statement: "It's a personal matter, which, as you would expect, we are not going to get into."
"The Chancellor will be working out of Downing Street this afternoon," he said.
Starmer backed down on the welfare plans on Tuesday after a rebellion by MPs from his own party, in a major blow to his authority.
Starmer's retreat on slashing benefits has left an almost £5 billion black hole in Reeves's plans, leading to the possibility that she will have to raise taxes on "working people", something that she has repeatedly ruled out.
Reeves has also ruled out tweaking her self-imposed rule that day-to-day spending should be met through tax receipts rather than borrowing.
C.Meier--BTB