Rachel Reeves wants you to think that work has a plan, but we know truth | Politics | News

The work promised fiscal responsibility: what we obtained was economic vandalism. Rachel Reeves will deliver your first spring statement at the end of this month, and let’s be clear, it is not an economic plan; It is a desperate attempt to clean the remains of the disastrous work budget last year. After punishing the private sector, strangling growth and pouring billions in ideological projects such as Net Zero, the United Kingdom finances are now in a serious situation. And the price of the recklessness of the Labor? More cuts, more loans and another assault on the British who work.

The work came to power on the promise of “fiscal responsibility.” Instead, Reeves blew through the indebtedness limits that he established for itself in last year’s budget. It is now in a financial force shirt, forced to make cuts, not because it creates in the spending of the discipline, but because it has no choice. Inflation remains third, growth has stagnated and loan costs have skyrocketed. The solutions of the Labor? Slash well -being, Tinker with Whitehall and the hope that no one realizes the deep economic rot.

The treasure has been forced to propose billions in expenses of expenses only to remain within the reeves self -imposed loan rules. The reports suggest that these will include well -being reductions, “efficiencies” of Whitehall and regulatory reforms.

All this is part of a “four -point plan” designed so that the economy is re -heading. But let’s be honest, this is not a plan; It is a reaction promoted by panic to an economic disaster of the work creation itself.

Take the welfare cuts, for example. Work and their union sponsors shouted on “Austerity Tory” for years. Now, only months after the government, they are preparing for cutting benefits.

The reckless economic management means that they must now make cuts, but because they have spent so much please their ideological obsessions, they have no choice but to squeeze those who are already fighting.

What is really condemnatory is that all this was avoidable. The private sector of the United Kingdom, the engine of our economy, has been suffocated by the high tax approach and high regulation of Labor. Business, both large and small, are being strangled by excessive taxes, while Net Zero Madness forces the British industry to operate with a hand tied behind them. The result? Stagnation.

Productivity is low, the investment is drying and the labor has been left almost without fiscal space to maneuver.

And the great promise of “Build Britain”? It is assumed that Labor planning reforms unlock growth, however, there is no serious impulse to address bureaucracy that prevents companies from expanding and infrastructure. Its regulatory “reforms” will be little more than boxing exercises, designed to be impressive, but not providing any real substance.

The most revealing signal of the economic failure of work is the growing despair within Downing Street. The sources report that the number 10 is taking out all the stops to prop up Rachel Reeves, terrified that its disastrous management of the economy damages Starmer.

The truth is that Starmer has subcontracted from his economic policy to Reeves that any failure on his part is directly reflected in him. His so -called “fiscal discipline” is an illusion: what we are really witnessing is an administration fighting to avoid an economic implosion of his own creation.

Here is the hard truth: the work was promising to fix Great Britain’s economy, but only a few months later, they are forced to make painful cuts to meet their own failed goals. They passed recklessly in pet projects, weakened the economic foundations of Great Britain, and now they are desperately looking for ways to clean their disaster without admitting failures.

Great Britain deserves better than this chaos. We need a government that understands business growth, champions and puts the interests of the nation before ideological fantasies. Instead, we have labor: tax, borrow and now cut a desperate attempt to keep afloat. The spring statement will not be a vision for a better Britain: it will be a gloomy reminder of what happens when it allows the economic incompetent to execute the show.

Richard Thomson was the UK reform candidate for Braintree in the 2014 general elections and served as Marine Real for eight years