To hear Labour’s economic message, one might wonder if Downing Street has developed an unlikely admiration for Liz Truss. Given its focus on growth through cutting planning regulations, reducing welfare budgets and removing dissenting bureaucrats, some believe Labour is in danger of echoing not just the spirit but the substance of Ms Truss’s brief, ill-fated tenure. For a party that rose to power criticising the Tory right’s ideological misadventures, this shift in tone is striking.
Sir Keir Starmer and Rachel Reeves may see Labour’s sinking poll ratings as reason to align with their opponents, adopting policies – like curbing legal challenges to planning decisions – few rightwingers would contest. In a speech later this week, Ms Reeves plans to give the go-ahead for a third runway at Heathrow, a divisive choice even within Labour that has earned support from the Tory leader, Kemi Badenoch.
