Rachel Reeves seized her moment whatever the future brings, Labour's economic course is now set | Martin Kettle
Briefly

The 2025 spending review has been pivotal for Keir Starmer's government, clearly outlining Labour's priorities in a series of Commons announcements from Rachel Reeves. This review will dictate the British state's financial direction leading up to the next election, with anticipated tax increases to finance key sectors such as defence, health, and housing. While focusing on capital spending, current expenditures may see cuts, potentially leading to tension over pay. This politically charged moment defines Labour's choices as they navigate economic challenges, aiming for a revival in citizens' daily lives after a tough year for Reeves.
The spending review has outlined Labour's priorities, shaping the British state until the next election, while emphasizing that taxes may rise to fund essential services.
Rachel Reeves' announcements signal a pivotal moment for the government, where decisions on funding for defence, health, and housing underscore Labour's political strategy moving forward.
Read at www.theguardian.com
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