Writing exclusively for this newspaper, Ms Reeves outlined how Labour had already begun righting the wrongs of the Tories, but said there was ‘lots more to do’
Rachel Reeves today promised Mirror readers the government is on their side, while admitting the change they voted for was “never going to happen overnight”.
The Chancellor described she was “impatient “ to deliver, but after 14 years of Conservative rule, claimed promises had not been delivered because “politicians ducked the big decision”. Writing exclusively for this newspaper, Ms Reeves outlined how Labour had already begun righting the wrongs of the Tories, but said there was “lots more to do”.
She wrote: “I’m impatient for the change people voted for to be delivered, but I have always known it was never going to happen overnight. Politics is about choices. And we know whose side we are on – the side of working people who for too long have seen promises made but never delivered, because politicians ducked the big decisions.” It comes after The Mirror’s Kevin Maguire wrote: ‘Labour must find engaging story for the UK – or face election wipeout’.
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Earlier this week the Bank of England slashed interest rates to 4% – the lowest level in over two years – in a dramatic move to boost Britain’s faltering economy.
Ms Reeves will hope for further good news next week, when the latest GDP figures are set to be published.
Setting out the progress delivered so far, the Leeds West and Pudsey MP referenced a series of trade deals with the United States, India and the European Union to save, protect and create thousands of jobs.
Ms Reeves insisted all the progress so far was just the “starting point”. She added: “We are fixing the foundations, and we are rebuilding for a better future. A better future that meets the promise of change with the renewal of Britain.”
‘Politics is about choices – and we’re on the side of working people’
By RACHEL REEVES, The Chancellor
At the election the British people voted for change. They did so because of a sense of a country that they loved heading in the wrong direction.
A political system that had spent ten years in endless spirals of chaos, rather than focused on the national interest.
And an economy that was not broken, but stuck – with too many barriers blocking the way for people and businesses to thrive.
I’m impatient for the change people voted for to be delivered, but I have always known it was never going to happen overnight.
That’s why, during our first year in power, we’ve focused on fixing the foundations of our economy. We’ve restored economic stability, allowing the Bank of England to cut interest rates five times, with homebuyers now £1,000 better off on their mortgages than they were a year ago and businesses saving money on loans.
We’ve unlocked tens of billions in capital investment, so we can build schools, hospitals, and the energy infrastructure of the future.
For years the NHS was overlooked. A generation watched our most prized institution slowly decline so the Tories could drive through chaotic and unfunded tax cuts – like the Truss Mini Budget.
We haven’t shied away from the tough decisions needed to get the NHS back fighting fit. But that money needs to come from somewhere – and we promised in our manifesto that it wouldn’t fall on working people to pick up the bill left to us.
That’s why we asked those with the broadest shoulders to help us recover this country. And the results are already kicking in. Hospital waiting times have fallen, free breakfast clubs for kids, and free school meals for an extra 500,000 hungry schoolkids.
And we’ve strengthened Britain’s reputation abroad, securing a hat trick of trade deals with the United States, India and the European Union to save, protect and create thousands of jobs.
These deals have put Britain at the heart of the global economy at a time when the global economic map is being redrawn.
Politics is about choices. And we know whose side we are on – the side of working people who for too long have seen promises made but never delivered, because politicians ducked the big decisions.
We have been fixing the foundations for a purpose: the renewal of every part of Britain.
Take the Ford factory in Dagenham, a staple of the community supporting local jobs for nearly one hundred years.
That’s four generations, each building on the last. Each generation has developed new skills, supported businesses in Ford’s supply chain, and spent their wages boosting the local economy.
That’s what I mean by protecting working people. A skilled, secure job is more than a pay cheque; it lifts an entire community.
That’s why we invest to support businesses. I know what happens when work dries up — whole towns shrink, and communities suffer.
Last week we invested £1 billion with Ford, protecting thousands of jobs, developing world-leading products, and opening new export markets.
We are doing the same in Scunthorpe, safeguarding British Steel and the 2,700 jobs there, plus up to 37,000 in the supply chain. In Port Talbot, we are protecting 5,000 jobs by investing in a new electric arc furnace.
I make no apology for stepping in to save these industries. Some in politics would walk away and let communities collapse. I will never do that.
This is just the starting point. We are fixing the foundations, and we are rebuilding for a better future. A better future that meets the promise of change with the renewal of Britain.
We have done lots but there is more to do. That is why we are also helping work people by boosting the National Living Wage and Minimum Wage, keeping the £3 bus fare cap, and giving free school meals to more than half a million extra children.
For too long, governments avoided the big calls – from investing in our energy future to reforming skills and training – and it’s why the country hasn’t been working for people. We are ending that era of ducking decisions.
To end the cycle of decline, tackle the unfairness in our economy, give every community the chance to thrive and to make the lives of every working person better off.
That is my mission. That is what I am determined to deliver.
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