Rachel Reeves states that she never faced any concerns regarding her expenses during her time at HBOS, in response to allegations of an “expenses scandal” while working at Halifax Bank of Scotland (HBOS) from 2006 to 2009, as reported by the BBC.
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In her first public statement following the reports, Ms Reeves affirmed, “No one ever raised any concerns about my expenses when I worked for Halifax Bank of Scotland.
“I submitted, had processed and had my expenses signed off in the proper way as you would expect, and no issues were ever raised during my time at Halifax Bank of Scotland.”
She further added, “I was never questioned, never asked to pay back any expenses.”
Yesterday, a spokesperson for Ms Reeves confirmed that she was “not aware of an investigation, nor was she interviewed”. Her lawyer denied the allegations.
Jayne Wayper, former HR business partner for HBOS, rejected the accusations against Rachel Reeves.
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Ms Reeves emphasized that her performance as chancellor will ultimately be the basis on which she is judged, rather than her LinkedIn profile.
Following BBC reports that questioned the accuracy of her tenure at the Bank of England, Rachel Reeves clarified, “I served as an economist at the Bank of England between 2000 and 2006 before transitioning to financial services at Halifax Bank of Scotland.”
“I take pride in the work I did prior to becoming an MP, but ultimately, my effectiveness as chancellor of the exchequer to stimulate economic growth and benefit working individuals will determine people’s opinion of me,” she added.
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Leader of the opposition Kemi Badenoch had earlier expressed that Ms Reeves must address “very, very serious questions” following the reports.
She stated, “Keir Starmer promised a government of integrity.
“He’s already lost one minister due to corruption allegations. Another had to resign because of fraud that occurred during her employment – this is quite similar.”
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Sir Keir Starmer has expressed his full support for his chancellor.