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World

Labour U-turns, yet again

31 January 2024

9:37 PM

31 January 2024

9:37 PM

Another day, another Labour U-turn. This morning it’s the turn of Rachel Reeves, who has done another copy and paste job by following Jeremy Hunt’s lead on lifting the cap on bankers’ bonuses – less than 100 days after her own Treasury team lambasted the move. The Shadow Chancellor told the BBC that she had no plans to reinstate it, despite repeated criticism from key Labour figures including, er, herself.

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