Labour Plans to Boost Economy with Expert Squad in Whitehall

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Key Points

If Labour wins the election, a team of economic experts will be placed in Whitehall to drive economic growth.

Details of the Plan

Shadow Chancellor Rachel Reeves intends to strengthen a Treasury unit established by the previous Labour government by integrating officials from the Enterprise and Growth Unit into the budget and spending review process.

New Chapter in Britain's Economic History

In a speech to the City of London, Reeves promises a "new chapter in Britain's economic history," rejecting managed decline and focusing on driving growth by uniting the private and public sectors.

Optimism for the Future

Reeves expresses optimism about tackling challenges by bringing together public and private sectors in a national mission to restore economic growth across Britain, emphasizing the need for broad-based, inclusive, and resilient growth.

Political Landscape

Labour is currently leading in the polls by 20 points, while Conservative MPs are reportedly planning to overthrow Prime Minister Rishi Sunak. Former Chancellor George Osborne gave a similar speech before the 2010 election.

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