Who was the real audience for Rachel Reeves’s speech?

Chancellor Rachel Reeves has just finished her speech at Labour conference. After a brief interruption by hecklers, she addressed austerity, the pandemic, and winter fuel payments. How was the speech received, and who does it really speak to? 

Elsewhere, Sue Gray’s lack of appearance in Liverpool hasn’t done anything to slow down discussion of recent controversy. James Heale is joined by Katy Balls and John McTernan, formerly Tony Blair’s Political Secretary.