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A Local Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingtipsLIVERPOOL, England -Labour's finance policy chief Rachel Reeves promised on Monday to"rebuild Britain" if in government, vowing to deploy"iron-clad" fiscal rules, crack down on fraud and work with business to get the country's"future back".
Reeves accused Prime Minister Rishi Sunak's party of being bereft of new ideas, and said only Labour's combination of strict spending, better tax collection that closes loopholes and a clampdown on fraud would offer the stability voters have lacked during a cost-of-living crisis. In a surprise endorsement, former Bank of England governor Mark Carney praised Reeves as a"serious economist" who understood the big picture.
Pledging to restore business investment as a share of gross domestic product to the level under the last Labour government in 1997 to 2010, she said that would mean an additional 50 billion pounds every year in the British economy by the end of the decade - equivalent to 1,700 pounds per household.Reeves, like Labour leader Keir Starmer, is keenly aware of the critical state of Britain's public finances, which will curtail what the party can do if it forms the next government.
After spending months setting out their stall to city financiers and business across Britain, their charm offensive seemed to have paid off.
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