Rachel Reeves has said her ambition is for the UK to be “the best place to start and grow a business” as she promised Labour will bring investment to Britain.
The chancellor, speaking to Sky News ahead of her keynote speech at Labour’s conference today, said by bringing stability to the economy her administration will be “the most pro-growth government that this country has ever seen”.
Ms Reeves said: “This is all part of our agenda, to be the most pro-growth government that this country has ever seen, because there is immense potential, huge potential in the creative industries and our professional services in tech industries, low carbon technologies.
“I want those jobs here in Britain.
“There’s a global race on for these jobs, but if we can make the changes, which I’m determined to bring about, I know we can get that investment to Britain, increased living standards and more money in people’s pockets.
“Vibrant communities, stronger high streets and Britain will be the best place to start and grow a business. That’s my ambition.”
Image: Starmer’s government has been seen as too negative so far. Pic: PA
Ms Reeves said she will set out how the government will achieve that during her speech in Liverpool at lunchtime today.
She repeated Labour’s manifesto pledge to not raise VAT, income tax or national insurance.
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The chancellor is, however, expected to announce some changes at Labour conference. Any major announcements will be saved for the autumn budget on 30 October, though.
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Sir Keir Starmer’s government has been accused of being all doom and gloom since coming into power in July after a landslide victory but Ms Reeves appeared to be turning that around slightly.
She said: “If we can return that stability and reform our economy, I’ve never been so optimistic about our country’s future.
“If we can get this right, then there is no end to what we can achieve as a country.
“And that’s what I’m determined to do, to unlock the real potential that we have through stability, through reform, and then, crucially, through investment, which is a solution to the low growth that has bedevilled our economy this last decade or so.”
Conservative MP Gareth Davies, shadow exchequer secretary to the Treasury, accused the chancellor of using her “discredited narrative on her economy inheritance to avoid taking responsibility for the choices she has made”.
He accused her of spending “billions on inflation busting public sector pay rises for trade union backers paid for by snatching £300 from pensioners at the same time accepting thousands of pounds in free clothes and luxury holidays whilst telling families to tighten their belts”.
“She must take responsibility for the political choices she is making, now and at her first Budget. We will hold Labour to account on the promises they made,” he said.
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1:14
Lammy: ‘Britain is back’
Parties ‘rely on donations’
The row over Labour politicians accepting large donations has overshadowed the beginning of Labour’s first conference in government in 14 years, with Sir Keir taking more donations than any other MP.
Ms Reeves is on the lower end of the amount donated to her, and said the £7,500 she was given for clothes was from “an old friend” who wanted to donate to her campaign.
“I really appreciated that support, it made a big difference to me,” she told Sky News.
“It was never something that I planned to continue in government. As chancellor, that’s not something I’ll be doing.”
She added she understands people’s concerns but added politicians and parties rely on donations to campaign, which she thinks is right as taxpayers should not be funding them.
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Sir Keir Starmer is under mounting pressure to raise Israel’s bombardment of Gaza with Donald Trump during his UK state visit, after a UN Commission said a genocide was taking place.
Sir Ed, who is boycotting the state dinner being held for Mr Trump, said Sir Keir must “press” the president now.
He said: “What is happening in Gaza is a genocide. And the president of the United States, who wants a Nobel Peace Prize, is doing nothing to stop it.”
Image: Displaced Palestinians flee northern Gaza. Pic: AP
Israel‘s foreign ministry said it “categorically rejects this distorted and false report” and called for the commission to be abolished.
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3:05
Is Israel committing genocide?
‘We cannot be bystanders’
Reports suggest the situation will be a talking point between Sir Keir and Mr Trump during his visit.
It comes before the UK is due to recognise a Palestinian state at the UN General Assembly later this month, along with allies including Canada and France.
In a late night statement, Canada’s foreign ministry described the Gaza City offensive as “horrific”.
Lib Dem leader Sir Ed added: “We have long said that Hamas is genocidal and condemned them for their actions.
“Now, I think we have to say that what the Netanyahu government is doing amounts to genocide.”
Labour MP Rosena Allin-Khan, a former shadow minister, also called on her party leader to make discussing the situation in Gaza with Mr Trump a “top priority”.
Speaking to Sky News’ Politics Hub With Sophy Ridge, she said: “We say ‘never again’ when we look at Bosnia and Rwanda, but here we are again, and it’s been livestreamed, and we’ve all seen it.
“We cannot be bystanders to a genocide.”
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8:51
‘We cannot be bystanders’
UN report pulls no punches
The accusation of genocide is made by the UN Independent International Commission of Inquiry on the Occupied Palestinian Territory.
It alleges Israel has been “killing Palestinians or forcing them to live in inhumane conditions that led to death; causing serious bodily or mental harm, including through torture, displacement and sexual crime; deliberately imposing inhumane conditions, and fourthly, imposing measures intending to prevent births”.
Earlier this month, the International Association of Genocide Scholars also passed a resolution stating that Israel’s conduct passed the threshold of committing genocide.
However, a report from the British government said it had “not concluded” that Israel intended to “destroy in whole or in part a national, ethnic, racial or religious group”.
Nearly 65,000 people are now believed to have died, according to figures collated by Gaza’s Hamas-run health ministry. It does not distinguish between civilians and combatants in its count.
Downing Street has insisted its migrant returns scheme with France is not a “shambles” after the High Court blocked a man’s deportation.
Having seen the previous Conservative government’s Rwanda scheme run into trouble with the courts, the Labour administration’s alternative suffered its own setback on Tuesday.
An Eritrean man, who cannot be named for legal reasons, was due to be on a flight to France this morning.
He brought a legal claim against the Home Office, with lawyers acting on his behalf saying the case “concerns a trafficking claim”.
They also said he had a gunshot wound to his leg, and would be left destitute if he was deported.
The Home Office said it was reasonable to expect him to have claimed asylum in France before he reached the UK in August, but the ruling went in his favour.
Mr Justice Sheldon granted the man a “brief period of interim relief”.
While the judge said there did not appear to be a “real risk” he would face destitution in France, the trafficking claim required further interrogation.
He said the case should return to court “as soon as is reasonably practical in light of the further representations the claimant […] will make on his trafficking decision”.
A Number 10 spokesperson downplayed the development, insisting removals under the deal with France will start “imminently” and ministers are not powerless in the face of the courts.
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1:08
‘One in, one out’ deal: What do we know?
‘We told you so’
The pilot scheme was announced to much fanfare in July, after Emmanuel Macron made a state visit to the UK.
He wants the number of migrants being returned to France to gradually increase over the course of the scheme, to deter them from coming in small boats.
The pilot came into force last month and is in place until June 2026.
Tory leader Kemi Badenoch was quick to say “we told you so” following Tuesday’s court decision, while Reform UK’s Nigel Farage criticised the government’s plan.
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2:18
Migrant deal with France has ‘started’
The small boats crisis represents one of the biggest challenges for the new home secretary, Shabana Mahmood, following her promotion in Sir Keir’s recent reshuffle.
Describing the former justice secretary as “very tough”, he said: “She’s completely for real. I’ve known her for over 10 years – she really wants to see law and order restored.”
The UK has discussed adopting a more crypto-friendly approach with the US in a bid to boost industry innovation and attract more investment to Britain.