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Rachel Reeves has had a week from hell – but the real meltdown starts NOW

Reeves-Starmer-meltdown
Rachel Reeves looked wrecked next to Keir Starmer on Thursday (Image: Getty)

Something broke in Reeves last week. The country saw it. She sat slumped in the Commons, tears streaming, while PM Keir Starmer stared straight ahead. Next day, Reeves was wheeled out, caked in makeup and frozen in a rictus grin, still clearly traumatised and humiliated. And that was before she was forced to publicly hug her boss.

The UK’s destiny was written on her face. The government is crumbling, the party’s in revolt, the public finances are in meltdown. And the only tool Reeves has left will make everything worse. Trust me, this is just the start. The real disaster is now about to unfold.

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Rachel Reeves to unleash ‘biblical’ £20bn Budget tax blitz to fund Labour’s ‘clusterf***’

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Rachel Reeves’s plans blown apart by £4.8bn hole as Labour minister stokes tax fears

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Rachel Reeves hints at fresh tax raid as £40bn hole blown in Labour budget

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Rachel Reeves doomed as Donald Trump drops ‘big, beautiful’ debt bomb on UK

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Labour’s first year in power sees economic growth promises turn into broken dreams

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Starmer branded 'puppet of the Left' over welfare U-turn after Rachel Reeves meltdown
Starmer branded ‘puppet of the Left’ over welfare U-turn after Rachel Reeves meltdown

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Rachel Reeves’ pensions ‘game-changer’ to leave savers ‘only slightly’ better off

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Keir Starmer faces fresh revolt from rural MPs after £2.8bn inheritance tax raid
Keir Starmer faces fresh revolt from rural MPs after £2.8bn inheritance tax raid

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PIP and UC climbdown could force tax rises to make up the savings, experts alert
PIP and UC climbdown could force tax rises to make up the savings, experts alert

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Major UK high street brand cuts 1,200 jobs after £100m loss
Major UK high street brand cuts 1,200 jobs after £100m loss

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Rachel Reeves urged to 'end the triple lock'
Rachel Reeves urged to ‘end the triple lock’

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Iconic shoe store with 326 UK shops addresses cutting 1,200 jobs
Iconic shoe store with 326 UK shops addresses cutting 1,200 jobs

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Rachel Reeves is desperate to kill off the Cash ISA - is this the real reason?
Rachel Reeves is desperate to kill off the Cash ISA – is this the real reason?

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Expert urges Brits to do one thing right now to protect savings from Rachel Reeves
Expert urges Brits to do one thing right now to protect savings from Rachel Reeves

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Currys boss' chilling warning to Reeves: 'think very carefully' before you make it 'worse'
Currys boss’ chilling warning to Reeves: ‘think very carefully’ before you make it ‘worse’

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Desperate businesses plead with Keir Starmer to promise no more tax increases
Desperate businesses plead with Keir Starmer to promise no more tax increases

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Rachel Reeves may target millions with punishing income tax hikes to plug £40bn hole
Rachel Reeves may target millions with punishing income tax hikes to plug £40bn hole

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Rachel Reeves ‘could be forced into £40bn extra tax hikes' after benefits disaster
Rachel Reeves ‘could be forced into £40bn extra tax hikes’ after benefits disaster

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Rachel Reeves ISA change warning as savers ‘run out of money'
Rachel Reeves ISA change warning as savers ‘run out of money’

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Rachel Reeves nightmare as she could be forced to make 'six' massive tax rises
Rachel Reeves nightmare as she could be forced to make ‘six’ massive tax rises

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Rachel Reeves to unleash 'biblical' £20bn Budget tax blitz to fund Labour's 'clusterf***'
Rachel Reeves to unleash ‘biblical’ £20bn Budget tax blitz to fund Labour’s ‘clusterf***’

Comments

Rachel Reeves's plans blown apart by £4.8bn hole as Labour minister stokes tax fears
Rachel Reeves’s plans blown apart by £4.8bn hole as Labour minister stokes tax fears

Comments

Rachel Reeves hints at fresh tax raid as £40bn hole blown in Labour budget
Rachel Reeves hints at fresh tax raid as £40bn hole blown in Labour budget

Comments

Rachel Reeves doomed as Donald Trump drops 'big, beautiful' debt bomb on UK
Rachel Reeves doomed as Donald Trump drops ‘big, beautiful’ debt bomb on UK

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Labour's first year in power sees economic growth promises turn into broken dreams
Labour’s first year in power sees economic growth promises turn into broken dreams

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Starmer branded 'puppet of the Left' over welfare U-turn after Rachel Reeves meltdown
Starmer branded ‘puppet of the Left’ over welfare U-turn after Rachel Reeves meltdown

Comments

Rachel Reeves' pensions ‘game-changer' to leave savers 'only slightly' better off
Rachel Reeves’ pensions ‘game-changer’ to leave savers ‘only slightly’ better off

Comments

Keir Starmer faces fresh revolt from rural MPs after £2.8bn inheritance tax raid
Keir Starmer faces fresh revolt from rural MPs after £2.8bn inheritance tax raid

Comments

PIP and UC climbdown could force tax rises to make up the savings, experts alert
PIP and UC climbdown could force tax rises to make up the savings, experts alert

Comments

Major UK high street brand cuts 1,200 jobs after £100m loss
Major UK high street brand cuts 1,200 jobs after £100m loss

Comments

Rachel Reeves urged to 'end the triple lock'
Rachel Reeves urged to ‘end the triple lock’

Comments

Iconic shoe store with 326 UK shops addresses cutting 1,200 jobs
Iconic shoe store with 326 UK shops addresses cutting 1,200 jobs

Comments

Rachel Reeves is desperate to kill off the Cash ISA - is this the real reason?
Rachel Reeves is desperate to kill off the Cash ISA – is this the real reason?

Comments

Expert urges Brits to do one thing right now to protect savings from Rachel Reeves
Expert urges Brits to do one thing right now to protect savings from Rachel Reeves

Comments

Currys boss' chilling warning to Reeves: 'think very carefully' before you make it 'worse'
Currys boss’ chilling warning to Reeves: ‘think very carefully’ before you make it ‘worse’

Comments

Desperate businesses plead with Keir Starmer to promise no more tax increases
Desperate businesses plead with Keir Starmer to promise no more tax increases

Comments

Rachel Reeves may target millions with punishing income tax hikes to plug £40bn hole
Rachel Reeves may target millions with punishing income tax hikes to plug £40bn hole

Comments

Rachel Reeves ‘could be forced into £40bn extra tax hikes' after benefits disaster
Rachel Reeves ‘could be forced into £40bn extra tax hikes’ after benefits disaster

Comments

Rachel Reeves ISA change warning as savers ‘run out of money'
Rachel Reeves ISA change warning as savers ‘run out of money’

Comments

Rachel Reeves nightmare as she could be forced to make 'six' massive tax rises
Rachel Reeves nightmare as she could be forced to make ‘six’ massive tax rises

Comments

Rachel Reeves to unleash 'biblical' £20bn Budget tax blitz to fund Labour's 'clusterf***'
Rachel Reeves to unleash ‘biblical’ £20bn Budget tax blitz to fund Labour’s ‘clusterf***’

Comments

Rachel Reeves's plans blown apart by £4.8bn hole as Labour minister stokes tax fears
Rachel Reeves’s plans blown apart by £4.8bn hole as Labour minister stokes tax fears

Comments

Rachel Reeves hints at fresh tax raid as £40bn hole blown in Labour budget
Rachel Reeves hints at fresh tax raid as £40bn hole blown in Labour budget

Comments

Rachel Reeves doomed as Donald Trump drops 'big, beautiful' debt bomb on UK
Rachel Reeves doomed as Donald Trump drops ‘big, beautiful’ debt bomb on UK

Comments

Labour's first year in power sees economic growth promises turn into broken dreams
Labour’s first year in power sees economic growth promises turn into broken dreams

Comments

Starmer branded 'puppet of the Left' over welfare U-turn after Rachel Reeves meltdown
Starmer branded ‘puppet of the Left’ over welfare U-turn after Rachel Reeves meltdown

Comments

Rachel Reeves' pensions ‘game-changer' to leave savers 'only slightly' better off
Rachel Reeves’ pensions ‘game-changer’ to leave savers ‘only slightly’ better off

Comments

The Chancellor can’t borrow more. She can’t spend more. She’s boxed herself in with “non-negotiable” fiscal rules. She has just one move left. Raise taxes.

That will enrage voters all over again – and crush the last breath of life from the economy. Reeves knows it, too.

And she knows that Starmer will continue to use her as a human shield, to protect himself against the backlash.

Don’t miss… GB News stars slam Rachel Reeves over Labour tax hikes – ‘Out of their depth’ [LATEST]

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Yes, things were grim under the Tories. But under Labour, Britain’s going to pieces.

Another 2,000 small boat migrants turned up this week, each needing expensive hotel rooms. Labour can’t stop them.

Every single working day, another 3,000 people claim incapacity benefits such as the Personal Independence Payment (PIP). Rebel MPs are winking at them.

Jobs are being culled.

Employers are freezing hiring after last year’s £24billion National Insurance hike – a move that’s already cost 275,000 jobs.

Incredibly, Reeves did that at a time when Artificial Intelligence will destroy tens of thousands more. Angela Rayner’s Employment Rights Bill will wreak still more havoc.

Ed Miliband’s new quangos are swallowing billions and producing nothing. Energy bills remain among the highest in the developed world.

Petty crime rages unchecked. Crooks shoplift as naturally as the rest of us shop. Phone theft is rampant. The police are nowhere to be seen.

The bloated civil service still can’t get anything done. The unions are flexing again. And as for the economy?

Growth has stalled, forcing the Office for Budget Responsibility to slash its forecasts. Inflation won’t stop. Productivity has flatlined. Businesses have stopped investing.

Wealthy taxpayers are fleeing to countries where success isn’t punished. Business is following them out the door, as UK firms ditch London and list overseas.

The list goes on and on.

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‘Rachel Reeves doomed as Donald Trump drops ‘big, beautiful’ debt bomb on UK’ [LATEST]
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Now we’re teetering on the brink of another Liz Truss moment, as bond markets demand more interest to lend money to our broken state.

Rebel Labour MPs sense weakness and demand more spending, not less. Yet the Institute for Fiscal Studies says Reeves already faces a £30billion black hole. It might well be £40billion.

How does she square that circle? Answer: she can’t.

Taxing people is all Labour has left. And Reeves has been the given the job. With no back-up from her useless boss.

Speculation over her autumn Budget will run riot, just like it did last year, further strangling confidence and choking off growth.

The first blow may land as early as July 16, when Reeves will savage our Cash ISAs.

Reeves has had an ugly week. And it will just get uglier and uglier. Soon, we’ll all be crying our eyes out.

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