Rachel Reeves pledges 'no austerity' but warns of 'tough decisions' ahead

Labour party's annual conference

Sorin Dojan
clock • 2 min read
Rachel Reeves pledges 'no austerity' but warns of 'tough decisions' ahead

Chancellor Rachel Reeves has doubled down on her promise not to bring back austerity measures during her speech at the Labour party's annual conference in Liverpool today (23 September).

Reeves accused the former Conservative government led by Rishi Sunak of spending money that "was not there", contributing to the £22bn fiscal hole, which she said would pose risks "for years to com...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Clara superfund deal, XPS results, and NatWest Cushon invests in Aviva investors fund

Professional Pensions
clock 20 June 2025 • 1 min read
News Digest: Your pension fund is right to flee Labour's Britain

News Digest: Your pension fund is right to flee Labour's Britain

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 20 June 2025 • 1 min read
PP DC Conference 25: TPR assesses 'historic' landscape for trustees

PP DC Conference 25: TPR assesses 'historic' landscape for trustees

TPR’s Patrick Coyne emphasises key focus areas including value for money and data

Jasmine Urquhart
clock 19 June 2025 • 3 min read
Trustpilot