Rachel Reeves had a difficult balancing act. Between offering up a message of optimism for Britain as a chancellor elected on a platform of change in July’s election landslide, and holding back the big news for next month’s budget.
Facing criticism that she may have overdone a doom-and-gloom-laden approach on the economy as she paves the way for the “painful” tax and spending event on 30 October, Reeves’s speech in Liverpool on Monday was an opportunity for a reset.
