Transforming a weak economy into a strong hand

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Chancellor Rachel Reeves has been subjected to a violent response to the growing Labor Party to its plans to reduce spending on the state and the news that indicates that The economy is shrinking In January. Seven months after the job, you found a survey of Yougov Only one of all nine voters I think it is doing a good job.

However, for all its problems, there is an increasing view in Westminster Refiz An amazing moment of Imperium: Even some conservatives admit the admirer the way the cabinet is used to try to get the country out of its economic hole.

“Every month it passes without a strong economic growth that enhances the hand of the treasury,” said one of the ancient warriors of the Conservative Party.

“It should be painful for the Conservative Party to watch a party government that only talked about it.” One of the conservative party advisers sent the Financial Times text to say: “It is so.”

Conservatives argue that Reeves is largely responsible for putting the economy on his back, especially with a tax increase of 25 billion pounds on business in the budget of last year and a new package of workers’ rights. But some reluctantly admit that they do not leave a crisis.

On Friday, the government said that the government should go “further and faster” to enhance growth and a set of initiatives will be published before Reeves statement on March 26.

The counselor and Prime Minister Sir Kerr Starmer took their economic plan “line of the line” on “a day” on March 7 – for some Labor Party deputies, it seems to be a conservative strategy. “It seems that we are trying to overcome the conservatives,” said John McDunil, the former shadow adviser, who was currently suspended as a representative of the rebellion against the government because of the eighth benefits.

According to the allies, Reeves puts plans to pressure public spending to try to make financial financial amounts add, with billions of pounds announcing discounts in social welfare next Tuesday.

the The Council of Ministers is getting uncomfortable The Labor Party deputies warn of a violent reaction to the voters, but Reeves allies say that death was delivered: the final list of the proposed reforms this week has been handed over to the independent office of the budget responsibility that they were “registered” before the spring statement.

Meanwhile, the consultant will call the organizers again on Monday, as the ministers are looking to reduce the state. Starmer this week QUANGO NHS EnglandFormer Minister of Health Minister of the Conservative Party, Lord James Bethel, who said: “I hope we have the courage to do so.”

Planning for reforms Clear barriers in front of the construction Echo changes as soon as Liz Toss defends him during her delicate presidency, while Incredible civil service reforms Feel in the right of the conservative right, such as Jacob Reese Mug.

BIM Afami, the former Minister of Tory, said that there are “Reeves”, whose budget has caused “great damage to business confidence” and the person who is talking about now Reduce the red tape of financial services And out of growth.

“The country needs the second adviser,” he said. “The cabinet is incredibly strong at the moment. I don’t know why they are not bolder. They have a country and a business community that they want to succeed.”

“The advisor is trying to correct its mistakes and it does so very well. The Labor Party can do things that we could not do because people do not doubt their motives: they can conclude difficult things in the social democratic language,” said Conservative Conservative Warriors.

Reeves has published such a language, on the pretext that social welfare reforms can be morally justified in stopping people Be trapped on the benefits. Conservatives acknowledge that the organizational reforms tend to the field in favor of work and away from consumers are more easily provided by work.

“Sadness is that they did not start last July,” Jeremy Hunt, the former adviser, told FT. He claims that if Reeves showed more ambition to reduce luxury and other public spending earlier, he would avoid a harmful budget last year.

Jeremy Hunt
Former Conservative Party Adviser Jeremy Hunt says Reeves should have started to reduce luxury payments sooner. © Anna Gordon/FT

For the public eye, Reeves do not look particularly strong. Its budget has been widely criticized, its approval ratings are bleak and faced questions about exaggerated claims Her profile LinkedIn About the time it was spent as an economist at the Bank of England.

There was also speculation that Starmer might be eliminated soon. But few advisers enjoyed more support than the Prime Minister – or more free hand – more than Reeves.

“There is no tension between the number 10 and the number 11 because the number 10 is not interested.” This type of business. But there is a big hole in the number 10 where economic experience was. “

The normal rule in British policy is in a period of zero growth and discounts on public services, and the prime ministers are frustrated and start pressure on their neighbor to operate the taps for spending to buy some political spaces.

This did not happen this time: both of them are committed to Starmer and Reeves Adhere to their financial rules. “The markets are still testing us,” one of the government said.

Starmer’s allies deny that the Prime Minister is not interested in the economy, but they say he trusts his advisor. One of them said: “We always want to make sure that the Prime Minister has strong economic advice.” But they added, “We are not interested in creating a competitive energy base.”

This is an unusual, but unable to enhance Reevz’s hand because it forces reforms through the Council of Ministers.

He said that the parallel was the support provided by the Chairman of the Labor Party Party Council James Calhan to his advisor Dennis Healy during the 1976 International Monetary Fund crisis when he had to make difficult spending decisions “to return Britain from the edge of the abyss.”

“Likewise, the strength of Reeves’s relationship with Starmer can have difficult and necessary decisions to withdraw the British economy from economic appearance. There is everything to play for it,” McFireson added.

This is Reeves’s apparent willingness to counter the difficult options that are considered personalities from the last conservative party administration “in contact with ideas about what we can do,” according to the counselor’s allies.

Conservatives are unlikely that the fact that Reeves has been shaved by the conservatives and the ministers of the Labor and Representatives Party ministers who began to wonder whether this was the agenda they were elected. Who responds to the deputies of the Conservative Party with the words of Margaret Tischer: “Life Facts are conservative.”



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