Labour’s Reeves Pledges Investment Despite Perilous UK Finances

  • Says Labour wants to end the ‘doom loop’ created by Tories
  • Labour is favored to win next election, inherit record debt

Rachel Reeves. 

Photographer: Jason Alden/Bloomberg
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The UK opposition Labour Party faces the prospect of regaining power against a backdrop of record high debt, but that won’t stop it from spending to invest in policy priorities, said shadow Chancellor Rachel Reeves.