Tory overspending and unfunded commitments have badly damaged the nation. Tough decisions are needed to rebuild it from the ground up
• Rachel Reeves under renewed fire from MPs and charities over cuts to winter fuel allowance
During the general election, I made a promise to the British people: to restore economic stability. I did so because I saw the damage taking risks with the public finances can cause. Liz Truss’s mini-budget, less than two years ago, crashed markets and caused interest rates to soar.
Stability is the essential ingredient to a successful economy. The stability that allows a family to buy their own home, for a business to thrive and for a government to invest in public services.