Shadow chancellor Rachel Reeves speaking about the economy at the Association of British Insurers in the City of London, May 7, 2024
RACHEL REEVES was told to put people above corporate interests after she gave another business-friendly speech today.
The shadow chancellor went to the City of London to pledge once more that the next Labour government would do nothing to rock finance capital’s boat.
“Stability is change,” she told her audience in somewhat Orwellian terms, pledging “stability underpinned by strong fiscal rules and robust, independent institutions — the Treasury, the Bank of England and the Office for Budget Responsibility.
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