
Reeves’s Spring Statement just doesn’t add up
Is Rachel Reeves toast? Not according to her. The Chancellor delivered an aggressively self-confident statement about Labour’s spending plans this afternoon. Soberly dressed in maroon, she rattled through her speech like a garden shredder grinding up branches and reducing them to pale little woodchips. Anyone would think she was pondering a leadership bid. After listing her achievements since last July, she issued a warning to the doubters. ‘I will return in the autumn to deliver the Budget.’ She relied on a good deal of amateur magicianship to conceal her fibs and exaggerations. Last autumn she claimed that £6.5 billion could be raised by cracking down on tax evasion. But that’s
