Rachel Reeves, the shadow chancellor, has outlined an ambitious economic vision for the UK, aiming to transform the Treasury to foster economic growth and stability. In her speech to business and finance leaders, Reeves promised to reform the Treasury to 'hardwire' economic growth into its fiscal planning, marking a significant shift from traditional fiscal management. She emphasized the need for a 'decade of renewal,' focusing on broad-based, inclusive, and resilient growth, contrasting with past economic strategies. Reeves's plan includes ridding the Treasury of 'bean counters' and bolstering its growth unit, signaling a proactive approach to managing the UK's economy. This vision represents Labour's commitment to initiating a 'new chapter in Britain’s economic history' should they win the next general election. The proposal has been met with support within the party, with Labour MP Darren Jones highlighting the significance of Reeves's speech for the party's economic agenda. Reeves's approach has been described as a '1979 moment,' emphasizing stability and was detailed in her Mais lecture.
Labour, with @RachelReevesMP as Chancellor, will deliver a decade of national renewal. https://t.co/6E2UXHFEK8
🚨 NEW: Rachel Reeves is expected to announce plans to make growth the focus of the treasury from “day one” should Labour win the next general election
"Tories, recession. Labour, growth." @darrenpjones is asked what the difference is between Labour and Conservative "economically", ahead of a speech by shadow chancellor Rachel Reeves. https://t.co/d3w2vIaA00 📺 Sky 501, Virgin 602, Freeview 233 and YouTube https://t.co/KFrk1vNmCY
Labour MP and shadow chief secretary, @darrenpjones, joins Breakfast from 8.10am as Rachel Reeves vows a 'new chapter' for the economy. 🕣 From 8.10am 👉 #Breakfast 📺 Sky 501 and YouTube 📱 Watch live: https://t.co/jCgTS4BQOp
Labour will seek to bring about a “new chapter in Britain’s economic history”, the shadow chancellor will vow in a speech to business and finance leaders. MP Darren Jones: "This is a big deal and a big event for my boss." #TalkTV https://t.co/zPSNlGvcIC
Reeves to bolster UK Treasury’s growth unit if Labour wins power https://t.co/Obpwf47cPc via @EllenAMilligan https://t.co/2QaA5H5ObX
Rachel Reeves pledges to rid the Treasury of 'bean counters' and use it to boost growth in major speech https://t.co/fjElPRYbqZ https://t.co/HaSC0cGt6B
Labour will seek to bring about a “new chapter in Britain’s economic history”, the shadow chancellor will vow in a speech to business and finance leaders. https://t.co/NAglhzY6ER
Telegraoh preview of Rachel Reeves Mais lecture. The "decade of renewal" and pro-growth echo of 1980s vs 1970s then triangulated with "unlike 1980s" growth to be "broad-based, inclusive and resilient" https://t.co/Yw5nVuwkzQ
Rachel Reeves will promise to reform the UK Treasury to “hardwire” economic growth into its fiscal planning, as she sets out her economic vision for a Labour government https://t.co/1LgpkLeBQv
🔴 Britain faces 1979 moment, says Rachel Reeves Read this front page story here ⬇️ https://t.co/bPjHTOTN0G
Rachel Reeves: Treasury will ‘hardwire’ growth into tax and spending decisions https://t.co/nxHhQNtA7J
Rachel Reeves to call for ‘stability’ as she outlines economic vision for UK https://t.co/2hkOlqPPUM