TOPSHOT - Britain's Chancellor of the Exchequer Rachel Reeves delivers a speech on the second day of the annual Labour Party conference in Liverpool, north-west England, on September 29, 2025. The four-day gathering in Liverpool, comes amid chatter about a possible leadership challenge and follows two recent high-profile departures from his government. The conference, which ends on Wednesday, takes place with Labour lagging well behind the upstart anti-immigrant Reform UK party, in national surveys. (Photo by Paul ELLIS / AFP) (Photo by PAUL ELLIS/AFP via Getty Images)

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