How Reeves has mapped out the agenda for Burnham’s government
Summary
Former chancellor Rachel Reeves will argue in a Harvard speech that Brexit harmed Britain and that closer ties with, or eventual return to, the EU could be both economically sound and politically ambitious. The article says parts of her agenda—regional devolution and public investment—now feature prominently in Andy Burnham’s government and Chancellor John Healey’s budget.Key Facts
- Reeves is due to deliver a speech at Harvard on Monday about her record and Britain’s future.
- She will argue that Brexit caused significant damage and that Britain should eventually return to the EU.
- Reeves will say closer EU ties are an economically credible response and a radical choice in light of Britain’s values and geopolitics.
- She will credit Burnham for confronting the consequences of Brexit.
- Reeves argued that major cities outside London underperform compared with European counterparts.
- Her proposal to give regional leaders a share of national taxes has become a centrepiece of Healey’s budget.
- Reeves raised employers’ national insurance and changed fiscal rules to support more public investment.
- The article says investment is beginning to flow into NHS infrastructure, transport, housing, energy and industry.
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