Rachel Reeves Faces Scrutiny Over Economic Growth Strategy

The UK chancellor pushes for deregulation and business confidence while critics question her approach to growth and climate goals.

Rachel Reeves is intensifying efforts to boost economic growth by advocating deregulation, supporting a third Heathrow runway, and engaging with global business leaders at Davos.
Critics, including union leaders and environmental groups, argue her approach prioritizes business interests over consumer protections, workers' rights, and climate commitments.
The chancellor has faced backlash for suggesting potential concessions on the non-dom tax regime to appeal to the wealthy, raising concerns within Labour's left wing.
Reeves has instructed regulators to ease rules to encourage risk-taking and investment, but experts warn this could lead to higher financial risks and limited immediate economic impact.
Labour's internal tensions grow as Reeves' pro-business stance contrasts with party priorities like net-zero goals and workers' rights reforms, prompting debate over the party's economic direction.