All the evidence shows voters want Labour to shift to the left — but initial signs from Andy Burnham are worrying on that front, cautions DIANE ABBOTT
Latest editorial
Rachel Reeves channels Philip Snowden: Labour’s 100-year love affair with austerity
The Chancellor is rehashing discredited Victorian economics, showing the party has learned nothing from a century of failed Gladstonian economics, ignoring Keynes and betraying workers, writes KEITH FLETT
TREASURY MIND: Rachel Reeves
ANDY McDONALD MP says Labour must show it is capable of delivering real improvements in people’s lives — bold action is required
ANGUS REID and ANDREW JOHNSTONE report on an initiative that we must take this summer
ALLISON FEWTRELL on what Plaid Cymru's historic election victory means for the communities being failed by Wales’s housing crisis, and four things the new government can do right now
France Insoumise MP JEROME LEGAVRE speaks to Christophe Domec on building the Europe-wide peace movement that came together in the International Conference Against War last weekend
At last weekend’s International Conference Against War, LINDA PENTZ GUNTER talks to the Palestinian physician and politician about the struggles ahead to achieve a truly free Palestine
THE pedigree of Rachel Reeves and Keir Starmer’s political outlook — cutting pensioners’ fuel allowances, flagging cuts in public expenditure — reaches much further back in parliamentary history to Labour’s first chancellor Philip Snowden. He introduced his first and only Budget in May 1924 and later issued it as a pamphlet, the Housewives Budget.
Snowden had been a member of the Independent Labour Party, a populariser of socialist ideals and a temperance campaigner. However, he had a distinctly Gladstonian Liberal frame of mind when it came to economics. Churchill noted that Snowden shared the “Treasury mind” with the governor of the Bank of England. Reeves of course is a former bank economist.
Snowden saw the chancellor’s job as managing the economy in a prudent way and certainly not increasing public expenditure.
Similar stories
It’s not just the Starmer regime: the workers of Britain have always faced legal affronts on their right to assemble and dissent, and the Labour Party especially has meddled with our freedoms from its earliest days, writes KEITH FLETT
Our two-tear Chancellor’s woes at PMQs caused a multimillion-pound sinking feeling on the bond market, writes ANDREW MURRAY