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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