Taxpayers may have breathed a sigh of relief today when Keir Starmer ruled out an emergency Budget this Spring. If they believed him.

Keir Starmer has insisted Rachel Reeves will be chancellor “for many, many years to come” amid fierce criticism of her performance in the job. The prime minister delivered his vote of confidence following days of negative news on the economy.

Keir Starmer has insisted Rachel Reeves is doing a “fantastic job” amid mounting criticism of her performance as chancellor. The prime minister gave her a huge vote of confidence amid fresh turmoil for the UK economy on the international money markets this morning.

The Chancellor, who has disparagingly been dubbed "Rachel from accounts" in some circles, is on the defensive after the pound sunk to a 14-month low yesterday.

Rachel Reeves and Keir Starmer end the week in a better political position than they began it. Market movements have settled, the chatter about Reeves’ position has mostly ended, and the pair have shifted into fight-back mode.

Sir Keir Starmer has refused to say whether he would back the expansion of Heathrow Airport after voting against a third runway in 2018.

The prime minister told an audience in east London that he is ‘completely confident’ in his team as pressure grows over the economy

The Prime Minister Sir Keir Starmer and the Chancellor Rachel Reeves are no Tony Blair and Gordon Brown.

And yet the markets are collectively passing a verdict on Starmer and Reeves's economic plan right now and it isn't exactly a ringing endorsement – and wobbly markets can prompt political wobbles. These shouldn't be overstated, but neither should they be ignored.

Anne is in Davos where Chancellor Rachel Reeves is kickstarting her economic fightback. The chair of the Competition and Markets Authority has been moved on and there are big moves on AI, nature and unemployment. But will it all create the growth the chancellor is desperately seeking?

Michael Saunders, a former member of the BoE's monetary policy committee which sets interest rates, said the latest inflation figure would be "some help" in trying to ease some of the worries over the UK economy - more on that in our next post.

Sir Keir Starmer and Kemi Badenoch will square off at Prime Minister’s Questions at noon. The Southport attack and the state of the economy appear to be the topics which Mrs Badenoch is most likely to focus on as she grills the premier. You will be able to watch PMQs live using the stream at the top of this page.