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Hey big spender! Will Rachel Reeves’ borrowing splurge fuel growth and curb Reform’s rise?

18 0
14.06.2025

12 June 2025, 08:11 | Updated: 12 June 2025, 08:43

By Natasha Clark

The Chancellor’s spending review may mark, finally, the beginning for this Labour government.

A turning of the page on the last lot, and the start of getting on with what they want to do.

What we saw from the spending review was more significant than just pots of money for the NHS, homes, energy and defence.

It was about Sir Keir Starmer and Rachel Reeves starting to show the nation – this is what Labour is, and what Labour do.

For the last ten months, there’s been a huge struggle at the top of Whitehall to set this out.

Huge messes to clear up, no financial wiggle room to do anything major, and a government eager to deliver change after 14 years under the Tories.

But there was a sense of drift, competition, and even a bit of panic at the top of government, as Cabinet ministers, and possibly even the prime minister, figured out where on earth to start.

I don’t want to relive the missions, milestones, first steps and pillars touted by the prime minister again, or I might shed a few tears of frustration.

No government can do everything it........

© LBC