"There is further to go, but whatever tests confront us, have faith because our party and our country have overcome greater challenges than these. Have faith because the opportunity to serve is what we came into this for, she said. Have faith, knowing that this Labour government will not rest, I will not rest, until our patriotic cause is realised in a Britain that prizes contribution, that unlocks opportunity, that silences the nagging voices of decline"
"Rachel Reeves has warned Labour figures peddling the idea the government could abandon fiscal responsibility to free up more money for public spending were dangerously wrong and risked serious damage to the economy. In her speech to Labour conference, and in what will be widely interpreted as a criticism of Andy Burnham, the Greater Manchester mayor, she urged the party to be honest about what calls to borrow more would actually mean."
Labour figures were warned that abandoning fiscal responsibility to free up public spending would be dangerously wrong and risk serious economic damage. Calls to borrow more were framed as requiring honesty about the real consequences amid global financial uncertainty. Upcoming budget choices will be made harder by harsh global headwinds and long-term economic harm attributed to Conservative policy. A message urged faith that conditions will improve and pledged continued effort to realise a Britain that prizes contribution, unlocks opportunity, and silences voices of decline. Criticism was directed at advocates for relaxing fiscal rules and at comments dismissing bond-market concerns.
Read at www.theguardian.com
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