The former Bank of England economist became the first woman to take charge of the Treasury.

Ms Reeves, 45, described her appointment as “the honour of my life” and a sign for all women and girls that there should be “no limit to your ambitions.”

In a speech to Treasury staff on Friday afternoon, the former child chess champion, said: “The central mission of this new Government will be to restore economic growth.

“To deliver on this mission, I want this to be the most pro-growth Treasury in our country’s history. That will mean doing what the Treasury does best – building growth on a rock of economic stability.”

Ms Reeves was making her first public speech today and called for a number of changes to speed up economic growth, including planning reform to encourage house building.

Liz Kendall was appointed Work and Pensions Secretary. The 53-year-old is a former special adviser to Harriet Harman and Patricia Hewitt and has served as shadow junior health minister and more recently as shadow minister for social care.

She became shadow Work and Pensions Secretary in September 2023.

No Pensions Minister has been appointed as yet but we’ll bring you news of that as soon as it is announced.

At lunchtime today the government announced Alison McGovern MP and Sir Stephen Timms MP as Ministers of State in the Department for Work and Pensions although it is not clear yet whether either would be Pensions Minister.

Full list of senior ministerial appointments so far:

• Rt Hon Keir Starmer as Prime Minister and First Lord of the Treasury
• Rt Hon Angela Rayner MP as Secretary of State for Levelling Up, Housing and Communities. She will also be Deputy Prime Minister
• Rt Hon Rachel Reeves MP as Chancellor of the Exchequer
• Rt Hon Pat McFadden MP as Chancellor of the Duchy of Lancaster
• Rt Hon David Lammy MP as Secretary of State for Foreign, Commonwealth and Development Affairs
• Rt Hon Yvette Cooper MP as Secretary of State for the Home Department
• Rt Hon John Healey MP as Secretary of State for Defence
• Shabana Mahmood MP as Lord Chancellor and Secretary of State for Justice
• Wes Streeting MP as Secretary of State for Health and Social Care
• Bridget Phillipson MP as Secretary of State for Education and Minister for Women and Equalities
• Rt Hon Ed Miliband MP as Secretary of State for Energy Security and Net Zero
• Liz Kendall MP as Secretary of State for Work and Pensions
• Jonathan Reynolds MP as Secretary of State for Business and Trade and President of the Board of Trade
• Peter Kyle MP as Secretary of State for Science, Innovation and Technology
• Louise Haigh MP as Secretary of State for Transport
• Steve Reed OBE MP as Secretary of State for Environment, Food and Rural Affairs
• Lisa Nandy MP as Secretary of State for Culture, Media and Sport
• Rt Hon Hilary Benn MP as Secretary of State for Northern Ireland
• Ian Murray MP as Secretary of State for Scotland
• Jo Stevens MP as Secretary of State for Wales
• Lucy Powell MP as Lord President of the Council, and Leader of the House of Common
• Rt Hon Baroness Smith of Basildon as Lord Privy Seal, and Leader of the House of Lords
• Rt Hon Sir Alan Campbell MP as Parliamentary Secretary to the Treasury (Chief Whip); 
• Darren Jones MP as Chief Secretary to the Treasury
• Richard Hermer KC as Attorney General*
• Sir Patrick Vallance KCB as a Minister of State (Minister for Science) in the Department for Science, Innovation and Technology *
• James Timpson OBE as a Minister of State (Minister for Prisons, Parole and Probation) in the Ministry of Justice *
• Ellie Reeves MP as a Minister of State in the Cabinet Office (Minister without Portfolio)
• Dan Jarvis MBE MP as a Minister of State in the Home Office
• Jim McMahon OBE MP as a Minister of State in the Department for Levelling Up, Housing and Communities
• Matthew Pennycook MP as a Minister of State in the Department for Levelling Up, Housing and Communities
• Rt Hon Douglas Alexander MP as a Minister of State in the Department for Business and Trade
• Rt Hon Jacqui Smith as a Minister of State in the Department for Education*
• Anneliese Dodds MP as a Minister of State in the Foreign, Commonwealth and Development Office and as a Minister of State (Minister for Women and Equalities) in the Department for Education
• Rt Hon Nick Thomas–Symonds MP as Paymaster General and Minister for the Cabinet Office (Minister for the Constitution and European Relations) in the Cabinet Office 
• Lord Livermore as Financial Secretary to the Treasury
• Stephen Doughty MP as a Minister of State in the Foreign, Commonwealth and Development Office
• Dame Angela Eagle DBE MP as a Minister of State in the Home Office
• Rt Hon Dame Diana Johnson DBE MP as a Minister of State in the Home Office
• Lord Coaker as a Minister of State in the Ministry of Defence
• Rt Hon Maria Eagle MP as a Minister of State in the Ministry of Defence
• Heidi Alexander MP as a Minister of State in the Ministry of Justice
• Karin Smyth MP as a Minister of State in the Department of Health and Social Care
• Stephen Kinnock MP as a Minister of State in the Department of Health and Social Care
• Catherine McKinnell MP as a Minister of State in the Department for Education
• Sarah Jones MP as a Minister of State in the Department for Energy Security and Net Zero and the Department for Business and Trade
• Alison McGovern MP as a Minister of State in the Department for Work and Pensions
• Rt Hon Sir Stephen Timms MP as a Minister of State in the Department for Work and Pensions
• Sir Chris Bryant MP as a Minister of State in the Department for Science, Innovation and Technology and the Department for Culture, Media and Sport
• Lord Hendy of Richmond Hill CBE as a Minister of State in the Department for Transport
• Daniel Zeichner MP as a Minister of State in the Department for Environment, Food and Rural Affairs

 *The King has conferred a Life Peerage on these individuals.