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Rachel Reeves regains her ‘trust’ in consultancies
Even the right wing of the Labour Party had been critical of the invasion of the huge ‘management consultancies’ until recently – yet, as power beckons, its got over its reservations. Fancy that, says SOLOMON HUGHES
Shadow chancellor Rachel Reeves with party leader Keir Starmer after making her keynote speech during the Labour Party Conference in Liverpool, October 9, 2023
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THE Financial Times (FT) has done the sums and found Labour has quadrupled its use of management consultants in the run-up to the election — this is despite Labour’s Rachel Reeves making a big song and dance about the dangers of relying on management consultants.
Taking the money is a U-turn on three crucial areas: privatisation, tax and regulation.
The FT found: “The opposition party received £287,000 in donations of staff time from consultancy firms in the year to September 2023, up from £72,000 in the prior 12 months, according to Electoral Commission data.”
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