Sources indicate Sir Keir Starmer is contemplating a major reshuffle within the Labour Party, potentially removing Chancellor Rachel Reeves.

Potential Reshuffle Driven by Election Concerns

This drastic measure is being considered as a way for Starmer to regain control and authority, particularly if the Labour Party performs poorly in the local elections scheduled for May 7th. The political landscape within the party is reportedly undergoing significant turmoil.

Cooper Considered as Replacement

Yvette Cooper, currently serving as Foreign Secretary, is being considered as a potential replacement for Reeves. However, this move is expected to face opposition from the Labour Party’s left-leaning members.

Internal Divisions and Leadership Challenges

Some within the party are advocating for Ed Miliband to assume the role of Chancellor, highlighting deeper ideological struggles. Discontent within the Cabinet regarding the handling of the Peter Mandelson affair is also contributing to the speculation about a potential loss of confidence in Starmer’s leadership.

'One Final Roll of the Dice'

Insiders have described the potential reshuffle as “one final roll of the dice,” emphasizing the high stakes involved. While Downing Street hopes a change in personnel will preempt any challenges to Starmer’s leadership, some observers believe it could accelerate his downfall.

Conflicting Reports and Waning Authority

There are conflicting accounts regarding Starmer’s relationship with Reeves, with some suggesting he is too close to dismiss her, while others believe he is willing to make difficult decisions. A Westminster source noted that such maneuvers rarely result in widespread satisfaction.

A growing sentiment within the party suggests Starmer’s authority is waning, with one MP asserting he lacks the power to effectively reshape his frontbench. A senior Labour source described the situation as ‘the last gasp of a dying man,’ implying Starmer’s position is increasingly untenable.

The lack of official comment from No 10 only adds to the uncertainty and speculation surrounding the potential reshuffle and the future direction of the Labour Party.