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Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc | Heather Stewart

Policy U-turns could define her stint at No 11 despite many sure-footed advances on devolved spending to help kickstart growthAn air of unreality settled on a Westminster conference room last week, as Rachel Reeves, upbeat in a powder pink power suit, gave a speech about boosting jobs and growth along the “OxCam corridor”.“If we get this right, working together, this corridor will not just compete globally, it will lead globally. We can do that together!” she told the audience of investors, poli

Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc | Heather Stewart

Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc | Heather Stewart

Published June 7, 2026 · Category: Markets

Overview

Policy U-turns could define her stint at No 11 despite many sure-footed advances on devolved spending to help kickstart growth

An air of unreality settled on a Westminster conference room last week, as Rachel Reeves, upbeat in a powder pink power suit, gave a speech about boosting jobs and growth along the “OxCam corridor”.

Details

“If we get this right, working together, this corridor will not just compete globally, it will lead globally. We can do that together!” she told the audience of investors, policymakers and entrepreneurs.

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Source

Originally published at www.theguardian.com.

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