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Rachel Reeves has announced the government will unveil its long-promised industrial strategy next month
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as she vowed to deliver a budget for investment. The Chancellor took an upbeat tone in her speech to the Labour Party Conference in Liverpool
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as she stressed that her optimism for Britain burns brighter than ever. Ahead of the October 30th budget, she argued
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growth is the challenge and investment is the solution, investment in new industries, new technologies and new infrastructure
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Reeves' speech came as the government faced criticism for overdoing its narrative of economic gloom
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as well as critique for accepting gifts and donations. But she vowed to unleash the power of number 11
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in a signal she intends to tackle the so-called Treasury brain, arguing it is time the Treasury moved on
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from just counting the costs of investment to recognising the benefits too
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I thought Rachel's speech was outstanding. I thought it provided exactly the combination of realism
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but also optimism that people are crying out for. She described very clearly how fixing the foundations
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will enable us to build a brighter home for our country putting stability first Stability is the platform for everything else that we want to do So I really really glad to hear that
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You didn't give any sort of cats out of the bag, but there was a lot of intent in that statement
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to radically transform the way that we do business. Next month, the Chancellor said she will publish plans
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for the UK's new industrial strategy, alongside Business Secretary Jonathan Reynolds. The Chancellor, who took to the stage in a dark purple suit
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interrupted during her speech by a protester from group climate resistance. Who shouted out about armed out of our first step and we're still
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He shouted out about armed sales to Israel before being hauled out by security
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But she said, we are a changed Labour Party that represents working people not a party of protest