Rachel Reeves warns of looming ‘harsh headwinds’ as she fails to dispel fears over major tax rises
Rachel Reeves has warned of “harsh global headwinds” battering Britain’s economy, as she failed to dispel fears over major tax rises at the next Budget. In an upbeat but policy-light speech on the main stage of the Labour conference in Liverpool, the chancellor attempted to fight back against a growing sense of doom and gloom about the economy, instead saying she sees a country that is “primed for economic success”. She also appeared to take aim at Andy Burnham over his economic approach, warning that unrestrained borrowing is “dangerously wrong”. Appearing more confident and relaxed than she has been in months, the chancellor received ten standing ovations as she set out her pitch to Labour members ahead of what will be a difficult Budget in November. “Don’t ever let anyone tell you that there’s no difference between the Conservatives and Labour”, she repeatedly warned. Rachel Reeves addressed the main stage of the Labour conference in Liverpool More
