for exclusive and original coverage from ITV News. Direct to your inbox every Friday morning.<\/strong> <\/p>\nReeves is clearly ready and willing to push through that resistance, and we are expecting details in the Autumn budget.<\/p>\n
One of her other big statements was that Brexit had caused “deep damage”.<\/p>\n
Her case was methodical – GDP impact of up to 8%, higher costs for businesses and a shrinking market for UK exporters.<\/p>\n
These are not new numbers, but having the chancellor read them from a lectern in the City of London, in a room full of senior figures from within the finance capital of the country, is a different thing entirely. <\/p>\n
The danger for Labour is obvious. It is one thing to quietly pursue a post-Brexit reset through technical agreements; it is another to hand the opposition an attack line as clean as this. <\/p>\n
Opposition parties will inevitably accuse Reeves and the government of wanting to “row back on Brexit” – particularly if they choose to opt for a closer relationship.<\/p>\n
What exactly that looks like is unclear – but it is expected to be looked at as part of the annual process of bilateral talks.<\/p>\n
The two announcements do, in their different ways, highlight the same thing: the government believes longer-term structural change is needed. Both will take time, but both could certainly have a profound impact if done in the way they\u2019ve been billed.<\/p>\n
Have you heard our podcast Talking Politics? Tom and Robert dig into the biggest issues dominating the political agenda in every episode\u2026<\/strong> <\/p><\/p>\n","protected":false},"excerpt":{"rendered":"The Mais Lecture has a long history of chancellors setting out their economic philosophy, and Reeves is making…\n","protected":false},"author":2,"featured_media":832645,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5226],"tags":[802,748,2000,299,5187,1699,4884,16,15],"class_list":{"0":"post-832644","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-brexit","8":"tag-brexit","9":"tag-britain","10":"tag-eu","11":"tag-europe","12":"tag-european","13":"tag-european-union","14":"tag-great-britain","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116246824123641141","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/832644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=832644"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/832644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/832645"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=832644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=832644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=832644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}