Rachel Reeves has issued an apology for an unintentional oversight after violating local housing regulations by renting out her family residence.

In a communication to Keir Starmer, the Chancellor acknowledged being unaware of the licensing requirements in Dulwich Wood, South London. Following discussions with his independent ethics adviser, Sir Laurie Magnus, the Prime Minister stated that no further investigation was deemed necessary.

Reeves disclosed that she failed to secure the necessary “selective” rental license for the property upon relocating to No11 Downing Street last year, as mandated by Southwark Council in the ward.

Expressing regret, Reeves admitted the lack of awareness regarding the licensing need, which was brought to light by the Daily Mail. She promptly took corrective measures by applying for the license upon realizing the oversight.

The Prime Minister, in response, indicated satisfaction with Reeves’ swift actions and apology, citing that no additional inquiry was warranted under the Ministerial Code provisions.

Keir Starmer remarked that while it was unfortunate the appropriate license was not obtained earlier, he believed Reeves was addressing the issue promptly and seriously. This support for Reeves comes just prior to the upcoming Budget, where significant decisions are expected.

Opposition leader Kemi Badenoch had called for a thorough investigation into Reeves’ error, emphasizing the importance of upholding the law for lawmakers.

Daisy Cooper, the Lib Dem deputy leader, criticized the Chancellor for potential distractions from essential government tasks due to the oversight, urging a focus on critical matters.