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.
Rachel Reeves will promise to reform the Treasury as part of a possible Labour government’s economic policy.
“I remain an optimist about our ability to rise to the challenges we face,” she will say.
“I remain an optimist about our ability to rise to the challenges we face,” she will say.
The speech comes after Ms Reeves said Labour would not be able to turn things around “straight away” if voted in.
Delivering the annual Mais lecture to financiers in the City of London, she will confirm new details about Labour’s approach to controls on borrowing, the setting of interest rates by the Bank of England and how it would return the economy to long term growth.
It is expected she will also discuss a new industrial strategy.
The Mais lecture is a prestigious gathering where chancellors, shadow chancellors and Bank governors have outlined their principles for running the economy in front of an audience of City financiers and economists.
In their time Nigel Lawson, Gordon Brown, George Osborne and then Chancellor Rishi Sunak have laid out their economic strategy for years to come.
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.
“I remain an optimist about our ability to rise to the challenges we face,” she will say.
Rachel Reeves will promise to reform the Treasury as part of a possible Labour government’s economic policy.
The speech comes after Ms Reeves said Labour would not be able to turn things around “straight away” if voted in.
“I remain an optimist about our ability to rise to the challenges we face,” she will say.
“I remain an optimist about our ability to rise to the challenges we face,” she will say.
The speech comes after Ms Reeves said Labour would not be able to turn things around “straight away” if voted in.
Delivering the annual Mais lecture to financiers in the City of London, she will confirm new details about Labour’s approach to controls on borrowing, the setting of interest rates by the Bank of England and how it would return the economy to long term growth.
It is expected she will also discuss a new industrial strategy.
The Mais lecture is a prestigious gathering where chancellors, shadow chancellors and Bank governors have outlined their principles for running the economy in front of an audience of City financiers and economists.
In their time Nigel Lawson, Gordon Brown, George Osborne and then Chancellor Rishi Sunak have laid out their economic strategy for years to come.
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