Sir Keir Starmer and his Chancellor are "toast" after the duo were engulfed in Labour's latest scandal, a former Mayor told GB News.
Rachel Reeves became the centre of political attention last week when she wrote to her leader admitting she had made an "inadvertent error" when renting out her London home.
Ms Reeves has since faced substantial criticism for her failure to secure mandatory licensing from Southwark Council for her Dulwich rental property.
She referred herself to the independent ethics adviser and informed the Prime Minister that she had no knowledge of the licensing requirement.
The Prime Minister has backed his Chancellor on several occasions since her appointment in July 2024
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However, emails which emerged on Thursday between the Chancellor’s husband and the letting agency revealed that he had been told it was necessary.
Sir Keir subsequently accepted that the Chancellor had acted in good faith but criticised her for failing to conduct a thorough review of all relevant correspondence before her first letter to the Prime Minister.
On the scandal, former Mayor of Middlesbrough Andy Preston said that the latest scandal engulfing the Labour Cabinet is "clearly one of a whole string of dodgy things that have gone on".
"Whether it's accepting tickets for concerts, free clothes, your CV being somewhat fabricated," he listed.
"Not the biggest crime in the world, but I think the pressure's building."
He continued: "But the reason she won't go in the short term, in my opinion, is she's so closely linked with Starmer.
"They're a double act, and it's exceedingly difficult for him to get rid of her."
In agreement, GB News star Dawn Neesom said: "The fact is that PMs can't get rid of their Chancellors because that means they are toast as well."
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"I actually think they're both toast or medium term," Mr Preston responded. "There's no comeback on this. There's no coming back from this position.
"Growth is too low. There's going to be more tax rises this year, probably next.
"And public pessimism about the future isn't going away.
"When you're a politician in power, if the public's pessimistic, you're finished," he concluded.
The Prime Minister refused to rule out tax rises during this week's PMQs
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Beyond Ms Reeves' rule-breaking, Britons have been bracing for the upcoming Autumn Budget, which is due to be delivered to MPs on November 26.
Voters have started to fear that hikes could be on the horizon, with the Prime Minister failing to rule out possible raids during Prime Minister's Questions this week.
During the fiery clash in the Commons, Kemi Badenoch accused Sir Keir of backtracking on his promises, reminding MPs that Labour won last year’s General Election on a commitment not to raise income tax, National Insurance, or VAT.
Subsequently, Mrs Badenoch asked whether he would confirm that those pledges still stood.
Sir Keir simply responded: "I’m glad the Leader of the Opposition is finally talking about the economy. Growth has been upgraded this year, and the UK stock market is at an all-time high."
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