Keir Starmer has refused to take action against Rachel Reeves after the Chancellor admitted to breaking housing rules.

Late on Wednesday evening, No10 released an exchange of letters between the pair detailing their correspondence to the breach.

Ms Reeves told the PM she “sincerely apologised” for the “error” after alerting parliamentary authorities.

In response, Sir Keir told his Downing Street neighbour that it was “right you have taken the appropriate steps… to address this”.

He also confirmed that no further action would be taken.

His letter to the Chancellor reads: “I have this evening consulted with my Independent Adviser on Ministerial Standards.

“He has advised me that in relation to your inadvertent failure to secure the appropriate licence for your rental property – and in light of your prompt action to rectify the position, including your apology – further investigation is not necessary.”

“It is clear to me that you are treating this matter with the urgency and seriousness it deserves,” he added.

More to follow…