Rachel Reeves says new executive has inherited ‘worst set of instances - ExploTec

Rachel Reeves says new executive has inherited ‘worst set of instances since 2d global conflict’ – because it came about

rachel-reeves-says-new-executive-has-inherited-‘worst-set-of-instances-since-2d-global-conflict’-–-because-it-came-about

Rachel Reeves says new executive has inherited ‘worst set of instances since 2d global conflict’ – because it came about

This live blog is closed.

Rachel Reeves has finished the speech, in which she confirmed a range of measures to speed up planning. I will post a full summary shortly.

She is now taking questions.

I have repeatedly warned that whoever won the general election would inherit the worst set of circumstances since the second world war.

What I have seen in the past 72 hours has only confirmed that. Our economy has been held back by decisions deferred and decisions ducked. Political self-interest put ahead of the national interest. A government that put party first and country second.

New Treasury analysis I requested over the weekend exposed the opportunities lost from this failure.

Had the UK economy grown at the average rate of OECD economies since 2010, it would have been over £140bn larger.

Continue reading…

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