Reeves did not say that she is definitely going to blow up what remains of Labour’s political credibility, but it was very clear that the great betrayal of voters’ trust is in the post. In a highly-unusual pre-Budget speech from Downing Street, she told the country that “each of us must do our bit”.

The PM may have ruled out an investigation but key questions remain about the chancellor's housing rules admission.

Reeves is expected to lay out three key priorities of cutting national debt, easing the cost of living and protecting the NHS at the next budget on November 26. | ITV National News

Jeremy Kyle was so bored of Chancellor Rachel Reeves ’ latest budget speech that he began to eat biscuits and sip tea halfway through – and at one point even interrupted to sing a song. The TalkTV anchor had to be reminded he was live on-air while the Chancellor “droned on”, as he suggested cutting to an ad break midway through.

Downing Street insisted that the Prime Minister still retains confidence in his Chancellor and guaranteed Ms Reeves will deliver the Budget on November 26