Rachel Reeves emphasized the necessity for Labour to change the country in order to win the next election. She acknowledged voter disappointment with the party's recent record and the government’s policy U-turns. Reeves noted that financial challenges inherited from the previous government hinder immediate changes. She expressed a clear understanding of public impatience for change and reiterated the need for Labour to fulfill voter expectations. On taxation, Reeves stated that while no one wants to pay more, public spending must be balanced with fiscal responsibility to avoid disappointment.
The reason people voted Labour at the last election is they want to change and they were unhappy with the way that the country was being governed. They know that we inherited a mess.
Reeves said: Of course you're going to disappoint people. No one wants to pay more taxes. Everyone wants more money than public spending and borrowing is not a free option, because you've got to pay for it.
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