Overview
- Matt Pound will leave his post next week by mutual agreement, with the departure set for after the spring statement to preserve continuity.
- Rachel Reeves and Pound praised his contribution to Labour’s turnaround and Treasury work, with Reeves describing his role as pivotal.
- The move creates another senior vacancy following the recent departure of Morgan McSweeney, though no link between the exits has been confirmed.
- Pound previously served as a Labour First organizer and helped Keir Starmer’s 2019 leadership bid, later driving party reforms and candidate selections ahead of the 2024 election.
- He joined Reeves as political secretary when Labour entered government and was promoted to political director last summer.