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Podcast on Rachel Reeves and the £22bn Budget Deficit


Labour MP Rachel Reeves accused the Conservative government of overspending by £21.9bn and announced spending cuts, including cutting winter fuel payments for 10 million pensioners. Economist Larry Elliott believes Reeves is trying to shape the narrative that the Tories left a mess for Labour to clean up. He suggests that Reeves is following a similar strategy to George Osborne in 2010, where tough decisions are made early on in a term to be forgotten by the next election. However, Elliott questions if Labour could have taken a different approach instead of blaming the previous government for the tough decisions. This move by Reeves is seen as an attempt to position Labour as the responsible party making difficult choices for the country’s benefit. The article highlights the game of political narratives played by parties when transitioning into power and the ramifications of these decisions for voters. Support for The Guardian’s independent journalism is also emphasized, urging readers to fund their work to keep it open and accessible.

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Photo credit www.theguardian.com

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