Rachel Reeves: “And to every young woman and girl let my time in office show there should be no ceilings on your ambitions, your hopes…”

Governing Britain is never easy.

I wish the very best of luck to my successor, Andy and his cabinet. You have my full support, and I will continue to play my part in helping this Labour government deliver the change the country needs.

It has been the privilege of my life to serve as the Chancellor of the Exchequer. The economy today is stronger, fairer and more resilient because of the choices we have taken as a Labour Government over the past two years.

Radical change without credibility does not endure, and credibility cannot be sustained without delivering change that meets the moment.