Labour will fight next election on economy, says Reeves

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The shadow chancellor accused the Government of ‘gaslighting’ the public by claiming Britain had ‘turned a corner’.

Labour will fight the next election on the economy, the shadow chancellor has said as she dismissed suggestions the UK was heading for a hung parliament.

Labour celebrated a string of local election victories over the weekend, including in the Prime Minister’s own back yard of York and North Yorkshire But Ms Reeves said that, having described the downturn as a “technical recession”, the Chancellor would be “comfortable calling it a ‘technical’ recovery”.

The party has also secured the assistance of former Conservative minister Nick Boles, who quit the Tories over Brexit in 2019 and has been informally advising the shadow cabinet on preparing for power.Mr Boles introduced Ms Reeves’s speech on Thursday, saying she understood the importance of demonstrating fiscal discipline to earn the right to bring about “transformative change”.

She said: “We can do that through other means including the creation of GB Energy, the national wealth fund and, crucially, those planning reforms.”

 

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