Labour’s first job is not to spend, but to fix the UK’s financial plumbing

Chancellor Rachel Reeves with former governor of the Bank of England Mark Carney, centre, at the announcement of the establishment of the National Wealth Fund on 9 July.

2024-09-07  810  中等

It is the same in government when Whitehall departments are merged or broken up. The difference is that the refreshed home will probably have extensive new plumbing to accompany the latest appliances and the state will not.

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