Rachel Reeves: Labour government will be as economically radical as Thatcher

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Rachel Reeves,Labour Government,Economically Radical

Rachel Reeves, the shadow chancellor, states that a Labour government will be as economically radical as Margaret Thatcher. She emphasizes the need for broad-based, inclusive, and resilient growth, rejecting managed decline. However, her comments face criticism from Richard Leonard, former Scottish Labour leader.

Rachel Reeves , the shadow chancellor, has stated that a Labour government will be as economically radical as Margaret Thatcher . She believes that the UK is currently at an 'inflection point' similar to 1979 when Thatcher came to power. Reeves pledges to reject managed decline and advocates for broad-based, inclusive, and resilient growth. She emphasizes the importance of strengthening devolution in Labour's plans for growth.

However, her comments have faced criticism from former Scottish Labour leader Richard Leonard, who argues that Thatcher 'broke' the economy. This controversy arises just months after Labour leader Keir Starmer was also criticized for seemingly praising Thatcher

Rachel Reeves Labour Government Economically Radical Margaret Thatcher Inflection Point Growth Devolution Criticism Richard Leonard Keir Starmer

 

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