This is a Britain news story, published by Guardian, that relates primarily to Rachel Reeves news.
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80% Informative
Rachel Reeves warns that hard choices on tax, spending and borrowing need to be made on 30 October when she delivers the first Labour budget since 2010 .
But widen the economic lens to the condition of corporate Britain and the scale of its presence in new technologies and the Tory bequest is unambiguously bad.
Britain does not possess a critical mass of ambitious, sizeable-growth companies capable of leading any private sector investment or growth boom.
The Treasury is reluctant to let go of its traditional role as bean counter-in-chief.
Already it has persuaded Reeves to cancel the 800 m exascale quantum computer project at the University of Edinburgh and is ready to lose AstraZeneca ’s vaccine production to the US .
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