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.

Keir Starmer has refused to take action against Rachel Reeves after the Chancellor admitted to breaking housing rules
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GETTY
The Chancellor had placed her family home in south London on the rental market for £3,200 a month last year.
But she admitted to having failed to obtain a licence to let out the property.
Ms Reeves then raked in more than a year’s worth of rent – making nearly £45,000 from the home since last September.
Her own constituents earn an average of £33,904 per year.
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The Chancellor had placed her family home in south London (pictured) on the rental market for £3,200 a month last year
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RIGHTMOVE
Following the news, broken by the Mail on Wednesday, Tory chief Kemi Badenoch urged the PM to launch a full investigation.
“He once said ‘lawmakers can’t be lawbreakers’,” she jabbed. “If, as it appears, the Chancellor has broken the law, then he will have to show he has the backbone to act.”
In his own letter to Ms Reeves, Sir Keir said the public “rightly expects the highest standards of conduct from the politicians who serve them”.
“The Ministerial Code sets out these values and I have made it a core tenet of this Government’s mission to uphold them.”

PICTURED: The letters exchanged between Rachel Reeves and Sir Keir Starmer
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DOWNING STREET
The PM has been forced to point to his “values mission” on several occasions in his nearly 16 months in charge.
His Anti-Corruption Minister resigned over links to corruption allegations in Bangladesh involving her aunt, Sheikh Hasina.
His Homelessness Minister resigned amid reports she removed tenants from a property of hers before hiking its rent by £700.
And his Housing Secretary – and Deputy PM – resigned after she failed to pay enough stamp duty on the purchase of an £800,000 flat.


