Power in UK politics is crucially held by the Treasury. A debt-laden PM can propose grand ideas, but it's the Chancellor's decisions that have immediate impact.
The discomfort among Labour MPs over austerity measures signals potential unrest. Their dissatisfaction is primarily with how the government communicates these hard choices.
While the Labour leader seeks an optimistic narrative to counter austerity, the real test of their message will be what the Chancellor implements in her budget.
The upcoming budget will be a pivotal point, positioning Rachel Reeves’ decisions as key to shaping the ongoing government narrative and managing public sentiment.
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