Labour sets out its plan for a stronger and more secure economy

Share on Social Media

Labour sets out the urgent need for a stronger and more secure economy – saying that Britain cannot continue with the Conservatives’ sticking plaster approach to deep economic problems.

Speaking on the Sunday morning broadcast, Shadow Chancellor Rachel Reeves’ will highlight how plummeting growth forecasts and economic mismanagement are leaving families worried about the future, and undermining confidence in the UK economy.

Reeves, a former Bank of England economist, will say how a Labour government will go beyond necessary crisis support packages and take the measures necessary to strengthen it for the long term.

It comes as the party reveal a new dossier of Tory incompetence on energy security.

This shows how, from cutting gas storage to not insulating homes – Conservative failures on energy security have will cost Britain £9 billion this year alone.

Reeves will set out how Labour will give families and pensioners across Britain more economic security by:

Giving British businesses security: including providing emergency support for energy intensive industries and a cut in business rates, paid for by a temporary increase in the Digital Services Tax.

Give Britain energy security: by acting immediately on insulation and renewable and nuclear forms of energy with Labour’s Green Energy Sprint. This includes home insulation, home grown renewable and nuclear investment.

Give Britain supply chain security: by sorting out problems at British ports and cutting red tape for exporters; buying, making and selling more in Britain; and developing a robust competition and takeover regime to strategically protect the productive capacity of British firms.

Following stark warnings from the OECD this week on Britain’s growth and inflation forecasts, she will underline how growing the economy is crucial for getting our country back on track. Labour’s plan would do that through a new Industrial Strategy, the party’s Climate Investment Pledge, and by scrapping business rates and replacing them with a fairer, more modern system.

Rachel Reeves MP, Labour’s Shadow Chancellor, said:

“People are scared about the future and lack the confidence to spend.

“While the Chancellor’s cost of living package and u-turn on the windfall tax are welcome, we need more than just sticking plasters. People want more than just sticking plasters. They want to know that the government has got control of the economy and a grip of this crisis.

“Over the past 12 years the Conservatives have demolished the foundations of our economy.

“With me as Chancellor, Labour will build a stronger, more secure economy. We will get the cost of living crisis under control and make Britain more resilient, laying the foundations we need for a thriving, dynamic economy.”

Share on Social Media

FOLLOW ON SOCIAL MEDIA

KEEP UPDATED

SUBSCRIBE FOR EMAIL UPDATES
Keep Updated
Subscribe to our email newsletter to get the latest news, investment and campaigns from your local Labour Councillors in Canton.
Subscribe
I agree to the Privacy Policy and to receive email updates.
SUBSCRIBE FOR EMAIL UPDATES
Keep Updated
Subscribe to our email newsletter to get the latest news, investment and campaigns from your local Labour Councillors in Canton.
Subsribe
I agree to the Privacy Policy and to receive email updates.

LATEST NEWS

GET IN TOUCH

As your local Councillors, we can help residents on a range of issues, such as council tax, bin collections, housing issues, social services, schools and roads and pavements.

Please use the contact form to get in touch with us. Please remember to provide as many details as possible, including your name, address, issue, and full contact details.

We also hold face-to-face and online surgeries using Zoom/Microsoft Teams. At each session, we’ll be available to help with local issues. Click here to book an appointment.

As your local Councillors, we can help residents on a range of issues, such as council tax, bin collections, housing issues, social services, schools and roads and pavements.

Please use the contact form to get in touch with them. Please remember to provide as many details as possible, including your name, address, issue, and full contact details.

Your Labour Councillors also hold face-to-face and online surgeries using Zoom/Microsoft Teams. At each session, they’ll be available to help with local issues. Click here to book an appointment for a surgery..

SUBSCRIBE FOR EMAIL UPDATES
Keep Updated
Subscribe to our email newsletter to get the latest news, investment and campaigns from your local Labour Councillors in Canton.
Subscribe
I agree to the Privacy Policy and to receive email updates.
SUBSCRIBE FOR EMAIL UPDATES
Keep Updated
Subscribe to our email newsletter to get the latest news, investment and campaigns from your local Labour Councillors in Canton.
Subsribe
I agree to the Privacy Policy and to receive email updates.
We use cookies to improve your overall site experience. This includes personalising content, analysing site usage, and to assist in our marketing efforts. By continuing to use our site, you accept our use of cookies and Privacy Policy.
Contact Details
Privacy Policy
Accept
We use cookies to improve your overall site experience. This includes personalising content, analysing site usage, and to assist in our marketing efforts. By continuing to use our site, you accept our use of cookies and Privacy Policy.
Accept