Shadow Chancellor Rachel Reeves answered various Trump and Thatcher questions, as she attended the the Bayes Business School at City University London. Reeves argued her 'politics was a reaction' of what Margaret Thatcher did in the 1980's.
Key speech drew parallels with 1979 when Margaret Thatcher defeated LabourBritain must rebuild its economic 'resilience' in the face of international turmoil, Rachel Reeves insisted last night.
Despite the allusion to the transformation of the country in the 1980s, the shadow chancellor made plain that she was not aligning the party to Thatcherite thinking and committed Labour to scrapping trade union reforms brought in under the Conservatives. She said in the Mais Lecture in the City of London: 'To pursue ever closer economic integration as an end in itself, not as a means to domestic prosperity, is economically naïve and politically reckless.
And there was push-back from the unions too, with Unite general secretary Sharon Graham accusing Ms Reeves of lacking a plan for the 'real economy' and focusing on 'abstract economic concepts'. Ms Reeves made no promises things would immediately get better under Labour, saying: 'No one election will wipe that inheritance away.'
Ms Reeves said: 'As we did at the end of the 1970s, we stand at an inflection point. And as in earlier decades, the solution lies in wide-ranging supply-side reform. Unlike during the 1980s, growth in the years to come must be broad-based, inclusive and resilient.'
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Labour will be as economically radical as Margaret Thatcher, says Rachel ReevesThe shadow chancellor will say that the UK is currently at an 'inflection point' like it was in 1979 when Thatcher came to power.
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Labour's Rachel Reeves will channel Margaret Thatcher (again) in speech to City grandees tonight as...New ITV documentary 'Keir Starmer: Up Close - Tonight' reveals new images of the Labour leader. Starmer blasts Margaret Thatcher, saying 'what she had was clarity of mission and purpose, but actually, what she did was very destructive'.
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Labour's Rachel Reeves will channel Margaret Thatcher (again) in speech to City grandees tonight as...New ITV documentary 'Keir Starmer: Up Close - Tonight' reveals new images of the Labour leader. Starmer blasts Margaret Thatcher, saying 'what she had was clarity of mission and purpose, but actually, what she did was very destructive'.
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