Here is the real story of Labour’s historic budget – investment over decline

Rachel Reeves leaving No 11 Downing Street before delivering the budget on 30 October. Photograph: Paul Marriott/REX/Shutterstock

For 14 years, the Conservatives failed working people by choosing austerity and decline. As a result, public services are crumbling and working people have paid the price. Though we come from different generations and grew up in different parts of Britain, the prime minister and I both saw how politics could make a difference to people from working-class backgrounds like ours. But the country we inherited in July had seen those opportunities denied to too many working families. That’s the Britain we are determined to change.

This week we turned the tide, choosing investment over decline. The budget charted a course for national renewal, fixing the foundations of our country to deliver the change Labour promised. It is a budget for working people, by a government for working people.