Reeves says economic turnaround will take time and Farage ‘hasn’t got a clue’

Chancellor pledges renewed focus on growth after Bank of England warning that Britain is on brink of stagnation

Rachel Reeves insists she won’t “gaslight” working people over her plans to turn round the economy as she launched a scathing attack on Reform’s offer to voters, saying Nigel Farage “hasn’t got a clue”.

With many people still struggling with the cost of living, the chancellor defended her approach, which has so far focused on economic stability, arguing that it was impossible to turn round years of poor performance under the Tories in just six months.