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The Guardian - UK
The Guardian - UK
Politics
Heather Stewart

Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc

Chancellor Rachel Reeves and others in high-visibility vests walk across muddy ground, reflections visible in a puddle
Rachel Reeves visits the Bedfordshire site for Universal’s vast new theme park. Photograph: Chris Radburn/Reuters

An air of unreality settled on a Westminster conference room last week, as Rachel Reeves, upbeat in a powder pink power suit, gave a speech about boosting jobs and growth along the “OxCam corridor”.

“If we get this right, working together, this corridor will not just compete globally, it will lead globally. We can do that together!” she told the audience of investors, policymakers and entrepreneurs.

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