Are too many people on benefits? The UK government is reeling from a humiliating U-turn on welfare cuts. Commentators are divided on whether they made the right decision.
Labour’s welfare reforms end in tears
Sob story: The pound plummeted and government borrowing costs rose after the chancellor was seen crying at prime minister's questions on Wednesday. The prime minister later told the BBC that he and Reeves were in "lockstep" in their views and that "she will be chancellor for a very long time to come". 