If there’s one lesson Keir Starmer should learn from Liz Truss, it’s that he should sack his Chancellor Rachel Reeves, says Alys Denby

With living standards clobbered by an emergency Budget hastily cobbled together as market forces react against government policy, the spectre of Liz Truss haunted the Spring Statement in more ways than one.

First, this was a swerving change of economic course from a government that had promised stability. And given that current forecasts don’t account for the impact of Trump’s tariffs or Labour’s workers’ rights package, the Chancellor will almost certainly have to raise taxes again in the Autumn.

Second, in trying so hard to be the anti-Truss, Reeves has forced herself into £14bn of public sector cuts and accusations of a “return to austerity”. One aspect of universal credit is being reduced by a massive 50 per cent and the costs of running government are set to fall by 15 per cent (though it’s difficult to see how investing £2.5bn in measures like more funding for........

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