Skip to content
Search

Latest Stories

Spotlight on Reeves over expense claims

Chancellor also faces accusations of embellishing her CV

Spotlight on Reeves over expense claims

Rachel Reeves with Sir Keir Starmer

TULIP SIDDIQ has joined the prime minister, Sir Keir Starmer, in expressing full confidence in the chancellor Rachel Reeves, who has been targeted unfairly by the BBC over her expenses.

“The BBC News investigation revealed that concerns were raised about Reeves’s expenses while working at HBOS [Halifax Bank of Scotland] between 2006 and 2009,” the broadcaster said. “A detailed six-page whistleblowing complaint was submitted, with dozens of pages of supporting documents including emails, receipts and memos.


“It accused Reeves and two other managers, one of whom was her boss, of using the bank’s money to ‘fund a lifestyle’, with spending on events, taxis and gifts, including for each other.

“Reeves bought birthday presents for colleagues with HBOS’s money throughout her time in customer relations, receipts show, with purchases including wine and cosmetics.

“She also spent £152 on a handbag and perfume as a present for her boss using the bank’s money, according to the whistleblower’s report. The present was a joint gift from Reeves and one of the other managers who was later investigated alongside her.

“Reeves also used her Motivation card to spend more than £400 on a leaving meal for a colleague, which the whistleblowing complaint claimed was not a permitted use.”

The BBC also accused Reeves of embroidering her CV: “We established that the chancellor had exaggerated the length of time she worked at the Bank of England.

“Reeves has often said she spent the ‘best part of a decade’ working at the bank when setting out her credentials to run the economy to voters.

“The BBC has now established that Reeves left the Bank of England in March 2006, meaning the time she spent working there amounts to five and-a-half years.”

Whistleblowers at the Treasury have sent Eastern Eye her updated CV, which is certainly very impressive.

The BBC was amiss in not mentioning that she is a multiple Olympic gold medallist for winning the 100 metres; has a PhD on double book-keeping from Oxford; and beat both Rishi Sunak and Akshata Murty for the best pupil prize when they were at Stanford. Reeves has also been awarded the Nobel Prize for creative economics.

Her former colleagues have told the BBC that they were unaware it was possible to buy personal Christmas presents on expenses.

The Daily Mail unkindly pointed out in a front-page story that there were “claims she was investigated for fiddling her expenses”.

However, her Treasury expenses leaked to Eastern Eye appear to be both legitimate and remarkably moderate:

Man bag, spectacles, suits and perfume for Sri Keir & Lady Starmer.............................. £10bn

Lunch at Bombay Palace to discuss driving out non-doms ........................................ £10bn

Dinner at Chourangi to plot VAT raids on private schools............................................ £10bn

Tea at Claridge’s to design new inheritance tax on farmers................................................ £5bn

Masala dosa at Quilon to finalise National Insurance increase...................................... £5bn

Christmas biscuits for tea ladies working at the Treasury ............................................. £1.50

Donation to a beggar on the London Underground network ..........................................50p

Total expenses claim................ £40bn plus £2

Starmer, who has signed off on the chancellor’s expenses, declared: “I am waiting for Rachel from accounts to clear my expenses.”

More For You

Eye Spy: Top stories from the world of entertainment
Naomika Saran
Naomika Saran

Eye Spy: Top stories from the world of entertainment

FILMMAKING FLAIR

ACCLAIMED director Onir will present another compelling project at this year’s BFI Flare LGBTQIA+ Film Festival, taking place in London from March 19-30.

Keep ReadingShow less
Why Trump believes Middle East peace plan will work

Donald Trump with Benjamin Netanyahu

Why Trump believes Middle East peace plan will work

US PRESIDENT Donald Trump’s Middle East peace plan to move 10 million people out of Israel and resettle them in Germany, France and the UK has caused outrage across the world.

With Hamas leaders standing happily by his side, Trump told reporters at a press conference at the White House: “Everybody I have spoken to loves the idea.”

Keep ReadingShow less
Comment: ‘We should encourage settled migrants to become British'

The government should recognise the substantive and symbolic value of citizenship

Comment: ‘We should encourage settled migrants to become British'

HOW long should you live in Britain before you can become British?

Most people think that five years is about the right length of time to take up citizenship.

Keep ReadingShow less
Eye Spy: Top stories from the world of entertainment

Vicky Kaushal in 'Chhaava'

Chhaava

Eye Spy: Top stories from the world of entertainment

UK SHOW IS A SHOCKER

THE recent Rewind Queens tour was an absolute shocker. The concerts had already been postponed from 2024 due to Alka Yagnik’s severe illness, yet organisers likely knew she wouldn’t be able to perform in the January shows in London and Birmingham – but only announced her absence days before.

Keep ReadingShow less
Column: How much longer will Rachel Reeves stay on as chancellor?

Keir Starmer and Rachel Reeves

Column: How much longer will Rachel Reeves stay on as chancellor?

THERE are a few Labour MPs who think “Rachel from accounts will be gone sooner than you think”.

She has certainly outdone Liz Truss in trashing the economy, but the prime minister, Sir Keir Starmer, will be loath to sack Rachel Reeves as chancellor because his own future is tied up with hers.

Keep ReadingShow less