Why is Rachel Reeves so proud of working at the Bank of England? 

We don’t know much about what taxes she will impose. Nor do we have many clues as to how she will boost growth, or find the money to improve public services. Still, not to worry. It turns out that we can, at least according to her feed on X, trust the shadow chancellor Rachel Reeves to ‘run the economy’ for a very simple reason. She used to work at the Bank of England, and apparently they know about that kind of stuff over there. There is just one problem. In reality the Bank is not as brilliant as Reeves seems to think it is – and it is questionable, to put it mildly, if working for it really qualifies you for anything.

For anyone wondering if the Labour government is likely to improve the UK’s dismal economic outlook, Reeves had some reassuring words this weekend. On her feed on X, formerly Twitter, she posted a clip