Will it be ‘Reshuffle Rachel?’ Reeves warned she could be under threat as Chancellor goes to war on the BBC – with Cabinet ally claiming she was NOT investigated over HBOS expenses despite expose [Video]

05:37 EST 14 Feb 2025, updated 06:04 EST 14 Feb 2025

Rachel Reeves is being warned she could become ‘Reshuffle Rachel’ as she faces claims she was subject to an expenses probe while working in banking.

The Chancellor was reported by the BBC to have been subject to an internal investigation into expenses while working at Halifax Bank of Scotland (HBOS).

Ms Reeves worked at the retail bank between 2006 and 2009 and the allegations have heaped pressure on her position as head of the Treasury.

According to Sky News, MPs are once again questioning whether the Chancellor will survive Sir Keir Starmer‘s first big Cabinet reshuffle.

It follows speculation that the PM is planning a shake-up of his top team in late Spring or early Summer, although No10 sources have dismissed such reports as ‘nonsense’.

Ms Reeves has previously faced questions about her position following anger at her cuts to pensioners’ winter fuel payments and a backlash to …