Britain’s main opposition Labour party on Monday vowed to “rebuild Britain” if it wins the 2024 General Election, as Shadow Finance Minister Rachel Reeves announced a host of new economic pledges aimed at stimulating growth.
In a confident speech to a packed exhibition hall in Liverpool, Reeves said Labour would fight the next election on the economy but said “change will only be achieved on the basis of iron discipline.”
“You cannot tax and spend your way to economic production. The lifeblood of a growing economy is business investment,” Reeves said, further cementing the party’s recalibration in recent years as a centrist, pro-business alternative to the ruling Conservatives.