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subsidy arms raceTelegraph
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70% Informative
Rachel Reeves first announced her approach of Securonomics’ back in spring 2023 .
It was made explicitly clear that this was to be the UK spin-off of “ Bidenomics’ in the U.S. The American people went to the polls and outright rejected Bidenomics .
They have elected Donald Trump with a mandate to usher in the opposite of what Biden promoted.
It was also an ode to “growth, competitiveness and investment”, with emphasis on regulation post-financial crash going “too far”. A strangling of business, she suggested, “we must now address”. Very laissez-faire. Perhaps Labour doesn’t intend to go it alone after all. Kate Andrews is Economics Editor at The Spectator Sign up to the Front Page newsletter for free: Your essential guide to the day 's agenda from The Telegraph - direct to your inbox seven days a week..
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