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By Frank McKenna

É a economia estúpida

Frank McKenna reflete sobre a conferência do Partido Trabalhista desta semana em Liverpool.

A imprensa e os especialistas políticos podem ter sido focados em roupas, brindes e revoltas de subsídio de combustível na conferência do partido deste ano. Os delegados podem ter ficado desapontados com a falta de euforia e Razzamatazz que se poderia esperar em uma conferência do partido político, onde o partido de hospedagem acabou de ganhar uma vitória por eleições. E Keir Starmer pode não ter entregue os líderes mais edificantes que os camaradas trabalhistas já testemunharam. Carville. Isso lhe dará o quarto que ela precisa começar a investir no que o trabalho diz - e a maior parte do país sente - é uma Grã -Bretanha quebrada. O crescimento econômico só será entregue se pudermos melhorar substancialmente a infraestrutura - ou as 'fundações' - do Reino Unido Plc. Ela espera que descreva uma visão ambiciosa e mais otimista do que ela e seu companheiro no número 10 até agora foram capazes de articular. esquecido.

However, what the government is banking on is that the old adage – ‘It’s the economy stupid’- will be as true at the next election in four- or five-years’ time as it was back in 1992, when the phrase was first coined by Bill Clinton’s top advisor Jim Carville.

For it was the speech on the Monday of conference, delivered by the prime minister’s closest political ally, chancellor Rachel Reeves, that was arguably the most important at the Liverpool gathering.

In a rather understated fashion, the UKs first female chancellor indicated that the Treasury rules around government borrowing may be reformed. This will give her the room she needs to begin to invest in what Labour says – and most of the country feels – is a broken Britain.

Housing, roads, railways, the health service, education, and much more besides is in need of some TLC. Economic growth will only be delivered if we can substantially improve the infrastructure – or the ‘foundations’ – of UK Plc.

On 30th October Reeves will deliver her first budget. She hopes that will outline an ambitious, more optimistic vision than she and her mate in Number 10 have thus far been able to articulate.

If she does that – and then more importantly delivers the change that people desperately crave for – in public transport improvements, skills and training initiatives that make a difference, cuts in NHS waiting lists, and a growing economy – then Labour’s end of Summer trials and tribulations will be forgiven and forgotten.

Rachel pode entregar? Eu, pois um colocaria minha camisa nela. Porta.

On the Fringe

There are literally thousands of fringe events and drinks receptions hosted at political party conferences – indeed in Liverpool this week it felt like there were millions!

At many of them, a Minister rocks up, does a five-minute turn, before dashing off to do the same speech at a ‘do’ next door.

Alternatively, you can head into one of the bawdier receptions, where you can find drink flowing, and get a selfie with a mayor, a minister, or a minor celebrity.

It’s fast food for political junkies.

The Downtown in Business network has higher expectations than that, which is why we teamed up this year to host two quality fringe events with our good friends at Melhor para a Grã -Bretanha. Seguido por um jantar de mesa redonda por trinta na noite seguinte com o ministro imensamente impressionante de energia Miatta Fahnbulleh - ela é definitivamente "uma para assistir".

In addition to getting the excellent insights on policy from the BoB chief executive Naomi Smith and her colleagues, our members were able to engage with the Paymaster General and the Minister tasked with resetting the UKs relationship with the EU, Nick Thomas Symonds, at a Leaders Lunch which we hosted for twenty of our members on Monday afternoon; followed by a roundtable dinner for thirty the following evening with the hugely impressive Minister for Energy Miatta Fahnbulleh – she is definitely ‘one to watch’.

Fizemos e regar nossos convidados. Alguns deles até tiveram uma selfie. Mas foi a qualidade do engajamento e da conversa que eles mais gostaram.

É fácil conseguir 100 pessoas em uma sala. Obtendo os 20 certos - é isso que o centro da cidade faz.

Downtown in Business

As coisas podem (ainda) melhorar?

Apesar de outro panorning para Rachel Reeves da esquerda e direita nesta semana, Frank McKenna explica por que a segunda parte de 2025 pode ser mais positiva para o chanceler e o Reino Unido plc.

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