"We did not start this war and we did not join this war, as Reeves told MPs this week; and that before the bombs started falling, the UK economy was on the up."
"Much of that drama was self-inflicted, including a botched move to cut winter fuel allowance and the stoking (and scotching) of rumours about an income tax rise in her autumn budget."
"The timing of the latest global shock unleashed by Trump in the Gulf is particularly unfortunate. Coming into this year, Rachel did feel confident we had the right plan."
Rachel Reeves is determined to convey that the UK economy was on an upward trajectory before the war and that the UK did not instigate or participate in the conflict. Her recent political engagement reflects both enjoyment and frustration after a challenging 18 months. External factors, including Trump's tariffs and the Middle East war, have disrupted the UK's economic outlook. Despite past political turmoil, Reeves's team believes they had a solid plan before these global shocks occurred, and she is intent on winning the narrative around the economy's pre-war status.
Read at www.theguardian.com
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