Rachel Reeves has vowed to see off demands for her to resign over claims that she has lost control of the economy.
In a defiant response to her critics, the Chancellor said she was happy for her ‘steely’ methods to be compared to those of former Tory prime minister Margaret Thatcher, who was known as the Iron Lady. Asked in an interview if she wanted to be known as the ‘Iron Chancellor,’ she said: “I am happy to be known as the Iron Chancellor if that is what you want to call me.”