Rachel Reeves speaks at The Great Nothern Conference

The transcript discusses the government's tough financial decisions, emphasizing stability as a foundation for economic growth. It highlights the importance of making difficult budget choices to manage public finances and maintain commitments to not increase taxes on working people. The speaker addresses business leaders, urging them to make decisive actions for financial stability. The future outlook includes managing public services within set budgets without further tax increases.

What is the foundation upon which any plan for business growth can be built, according to the speaker?

• Stability

• High taxes

• Innovation

• Government subsidies

What does the speaker suggest is the best option for business leaders facing financial challenges?

• Increase borrowing to cover expenses

• Make tough decisions now for future stability

• Delay decisions until the next year

• Ignore the problems and hope for the best

Why does the speaker believe it is important to make tough financial decisions now?

• To increase popularity

• To avoid future instability

• To reduce government control

• To lower interest rates

What commitment did the speaker make regarding taxes on working people?

• Raise VAT

• Not increase taxes on working people

• Freeze National Insurance

• Increase income tax

What is the speaker's stance on increasing taxes on the wealthiest in society?

• It is unnecessary

• It is a difficult but right decision

• It should be avoided

• It will be reversed soon