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Chancellor Rachel Reeves was aiming at two people with conference speech - Liverpool Echo
- On September 29, Chancellor Rachel Reeves announced a new Youth Guarantee during her address at the Labour Party’s annual conference in Liverpool.
- The announcement followed concerns over long-term youth unemployment and rising borrowing costs, prompting plans to offer paid work to youths on universal credit for 18 months.
- Reeves also reiterated her commitment to standing by fiscal rules, criticized Conservative economic management, and pledged to push ahead with Northern Powerhouse Rail to boost the north.
- She stated, "Unemployment benefits are not an alternative to work" and warned that "anybody that says you can just borrow more... risks going the way of Liz Truss."
- This speech signals an emphasis on work incentives and regional investment, with implications for welfare reforms and infrastructure development under Labour leadership.
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LIZZY BUCHAN: I was in the room for Rachel Reeves's speech - and one thing was clear - The Mirror
In a Labour conference speech, Rachel Reeves warned of 'further tests' in the months ahead, with choices she has to make 'made all the harder by harsh global headwinds'
·London, United Kingdom
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Coverage Details
Total News Sources63
Leaning Left12Leaning Right4Center28Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 27%
C 64%
Factuality
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