Everything you need to know about the Rachel Reeves expenses row

Everything you need to know about the Rachel Reeves expenses row
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Everything you need to know about the Rachel Reeves expenses row
Author: William Mata
Published: Feb, 14 2025 16:06

Rachel Reeves has been under scrutiny this week for first her CV and now her alleged use of expenses in a previous job. "I can't speak to her time prior to the government,” a statement read. "The PM works hand in hand and has full faith in the chancellor.". The BBC has now reported that Halifax Bank of Scotland (HBoS) has opened an investigation into the spending culture of the department at the bank where Ms Reeves worked between 2006 and 2009.

Image Credit: The Standard

Ms Reeves, MP for Leeds West since 2010, is “not aware of an investigation”, according to her spokesman, who added that she has also not been interviewed. A cabinet minister has now turned on the BBC over its reporting of an alleged “inquiry” into her spending. Science secretary Peter Kyle told BBC Radio 4’s Today programme: “Unfortunately, the reporting has been totally inaccurate.”. The BBC has, in turn, defended its investigation.

 [Reeves says she was ‘never questioned’ over HBOS expenses]
Image Credit: The Standard [Reeves says she was ‘never questioned’ over HBOS expenses]

Despite apparently being in hot water, Ms Reeves has been assured she will be Sir Keir’s chancellor for the whole parliament – until at least 2029. The news came as the pound lost further ground against the dollar and the cost of long-term government borrowing hit a new high in January. Here is what Ms Reeves is accused of. Her LinkedIn was supposedly modified to state she worked at the bank from September 2000 to December 2006.

 [Cabinet minister brands BBC’s Rachel Reeves report ‘totally inaccurate’]
Image Credit: The Standard [Cabinet minister brands BBC’s Rachel Reeves report ‘totally inaccurate’]

However, BBC News has established she had left by March 2006 when she began working for HBoS in West Yorkshire. Ms Reeves’s team told the BBC that the LinkedIn account showed incorrect information and that it had been stated without the chancellor’s knowledge. A spokespersonfor the Government said: “The chancellor and the prime minister are working hand in hand to deliver on the priorities, the plan for change, and to deliver the higher growth and the improvements in living standards that the country needs.".

 [Rachel Reeves expenses row: Cabinet minister turns on BBC over report of 'inquiry' into her spending]
Image Credit: The Standard [Rachel Reeves expenses row: Cabinet minister turns on BBC over report of 'inquiry' into her spending]

The BBC also reported that Ms Reeves was the subject of an HBoS investigation into the spending culture of the department at the bank where she worked between 2006 and 2009. A whistle-blower allegedly complained she and two senior colleagues’ use of expenses was excessive. The broadcaster said the report and attached receipts and other documents seen by BBC News show Ms Reeves was accused of spending hundreds of pounds.

 [Chancellor ‘still not satisfied’ despite surprise economic growth at end of 2024]
Image Credit: The Standard [Chancellor ‘still not satisfied’ despite surprise economic growth at end of 2024]

She is said to have splashed out on handbags, perfume, earrings and wine for colleagues, including one gift for her boss. Concern was also reportedly expressed about her spending on taxis and on a Christmas party. Ms Reeves’ team have denied any wrongdoing and has said she is not aware of any probe. “All expenses were submitted and signed off in the proper way,” a statement added. “Several former colleagues from her time at the bank, including HBoS’s former HR business partner, have corroborated this account.

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