Rachel Reeves faces challenges with Britain's economy, plagued by underperformance due to global crises and self-inflicted wounds from austerity and Brexit, requiring modern solutions.
The latest figures show Britain recorded the strongest growth in the G7 during the first half of 2024, highlighting a potential economic recovery amidst underlying concerns.
To resolve issues like declining business investment and productivity, Reeves is adopting modern supply-side economics, emphasizing state intervention to stimulate investment and reduce inequality.
Modern supply-side reform, historically linked to conservative politics, is now being re-evaluated by Labour, showcasing a blend of progressive state activism and traditional economic frameworks.
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