On the recordJune 10, 2026
The money has to come from somewhere, and borrowing cannot always be the answer.
Said by
Rachel Reeves
Labour Party
Source
independent.co.ukThe money has to come from somewhere, and borrowing cannot always be the answer.
Speaking at the annual Peel Hunt FTSE 250+ Conference
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I know that whoever is prime minister and chancellor in the future will inherit a stronger economy than the one I inherited two years ago.
Andy will take over an economy that is much stronger than the one I inherited from the Conservatives just two years ago
Because if you lose control of the public finances, it is ordinary working people and businesses who pay the price with higher inflation, higher taxes and indeed higher interest rates.