John Redwood: This Budget will tell us whether or not Reeves has learned her lesson

John Redwood: This Budget will tell us whether or not Reeves has learned her lesson

Sir John Redwood is a former MP for Wokingham and a former Secretary of State for Wales. Labour in government started badly by claiming the economy was trashed and there needed to be a big tax raid to sort it out. When they took over inflation was on target at 2 per cent, unemployment had just hit a new decade low of 4.2 per cent, and growth was the fastest of the G7 for the first half of 2024. The new government relied on people’s continuing an…