Rachel Reeves said the Labour Party would use government borrowing to invest in British industry if it wins power, a move she said is necessary to spur growth but will likely provoke a Conservative backlash. 'We will take it up to the level that is needed to compete internationally,' Labour's shadow chancellor told BBC radio on Monday. 'We will invest in the things that can get our economy growing.' The question of borrowing is a sensitive one for Keir Starmer's party given the typical Conservative attack line that poll-leading Labour would be reckless with public money.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-10-09-story-h-218002504-Reeves_says_Labour_would_borrow_to_invest_to_make_UK_competitive

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