The Labour Party conference has dominated headlines over the last few days, with Rachel Reeves attracting particular interest due to the upcoming budget.
With that in mind, we’ve read through the speech and picked out a handful of the most important messages.
With that in mind, we’ve read through the speech and picked out a handful of the most important messages.
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00:00There is a black hole in our economy.
00:02Chancellor Rachel Reeves has not pulled any punches in her speech at the Labour Party conference this week.
00:07People hoping for a step away from the doom and gloom that's been tangible in Labour's statements on the economy up to now
00:12will be slightly disappointed, but perhaps not surprised.
00:15Right from the point that they stepped into government, Labour and Reeves have been insistent that they will be the party of economic responsibility.
00:21With that in mind, let's quickly analyse the speech.
00:23Firstly, the Chancellor didn't mince her words on the Conservative government that came before her,
00:27claiming that there was a £22 billion black hole, which has been a big contributor to cuts such as the removal of winter fuel payments.
00:35There's also been the announcement that a Covid corruption minister will be appointed to try and assess which contracts handed out during Covid were not met.
00:42The key line was that there was no return to austerity.
00:45So there's clearly some optimism that the temporary tightening of belts will eventually create some wiggle room.
00:50But finally, there was a positive moment with the announcement that free breakfast clubs will be launched across a number of schools up and down the country
00:56before it's rolled out nationally a little bit down the line.