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Reuters
Reuters
Business
By Elizabeth Piper and Andrew MacAskill

Targetting government, UK's Labour pledges sound finances and strong public services

Britain's Shadow Chancellor of the Exchequer Rachel Reeves speaks at Britain's Labour Party's annual conference in Liverpool, Britain, September 26, 2022. REUTERS/Henry Nicholls

Britain's opposition Labour Party set out its economic vision on Monday, promising, if in power, to be fiscally responsible and take care of public services, in a swipe at the Conservative government's tax cuts for the wealthy.

At their annual conference, Labour lawmakers are sensing a change in their fortunes after a punishing loss at a 2019 election, feeling they can now offer a real choice to voters after the government announced a "growth plan" that handed tax cuts mostly to big business and the wealthiest.

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