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World

Is Rachel Reeves about to make the same mistake as Liz Truss?

28 July 2024

11:34 PM

28 July 2024

11:34 PM

How much can Rachel Reeves be trusted? A Chancellor’s credibility counts for a lot with the markets, who are asked to lend HM Government tens of billions a year. Reeves claims to be serious, straight and candid in a way her Tory predecessors were not. But now she seems to be channeling Liz Truss and coming up with her own assessment of the public finances while dispensing with the service of the Office for Budget Responsibility (OBR).

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