Rachel Reeves gives first major speech as Chancellor - Full speech

The new Labour government outlines its mandate to drive economic growth and stability. It emphasizes the need for investment and reform, focusing on stability, investment, and reform as key pillars. The government plans to overhaul the planning system to accelerate infrastructure projects, including housing and energy. The commitment to fiscal responsibility and economic growth is reiterated, with a focus on delivering promises made during the election. The government aims to create a stable environment for business and investment, addressing past economic challenges and setting a course for national renewal.

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