UK’s Chancellor-in-Waiting Lays Out Plan for More Activist State
- Labour Party’s Rachel Reeves reveals ‘securonomics’ plan
- Reeves says UK needs to be more resilient to economic shocks
The UK opposition’s pick to manage the economy outlined plans for a more activist state if her party comes to power, saying a Labour government will invest in strategic industries to boost Britain’s economic self-reliance.
“There’s an emerging global consensus building about security, resilience and strength,” Shadow Chancellor Rachel Reeves said in an interview with the Bloomberg UK Politics Podcast. Britain’s main opposition party aims to make the country “more resilient in the face of the shocks that we have been exposed to these last few years,” she said.