Rachel Reeves’s much-trailed speech today is a big moment for her and the government, as it finally put some much-needed flesh on the bare bones of its plan for economic growth.
This matters because the clearer message should galvanise Whitehall and ensure that one of Reeves’s audiences – her cabinet colleagues – get the message. She is right to try to boost the UK’s anaemic growth levels; if she fails, Labour’s mission to improve public services will prove impossible.