Rachel Reeves says 'there are reasons to be optimistic' as she faces backlash

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Rachel Reeves says 'there are reasons to be optimistic' as she faces backlash
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The Chancellor has stressed the need for 'tough decisions' after Labour won power

Rachel Reeves has insisted she was optimistic about the UK’s economic future as she attempted to persuade critics that there would be no return to austerity under Labour.

With her first Budget on October 30, Ms Reeves said her plan “will be about protecting living standards, fixing the National Health Service, and then, crucially, about rebuilding Britain”. There were “loads of reasons to be optimistic” but “investment doesn’t come by chance”, Ms Reeves said. “I really appreciated that, she’s made a big difference to me. That’s not something that I’m going to do in government.”While senior Labour figures will no longer accept clothing donations now they are in office, Ms Reeves said other gifts would still be permitted: “As long as things are declared properly, so people can see if there’s any conflict of interest, I think it’s fine to go to the football and to go to a pop concert. I don’t begrudge people doing that.

“It is weak politics and shows a lack of leadership. It should be debated today,” said one union official.Scores of retired members of Unite will stage a protest outside the conference centre at lunchtime as part of the union’s campaign against the winter fuel allowance cut.

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