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The World Ahead | By Invitation: Britain in 2024

Rachel Reeves on Labour’s plans for Britain’s finances

The shadow Chancellor of the Exchequer promises to restore economic stability

Image: Lauren Crow

By Rachel Reeves

As many writers for this publication will know, accurately predicting what is going to happen in the next 12 months is a fool’s game. During the two and half years I have been shadow chancellor we have had the fallout from a global pandemic, a war in Europe following Russia’s illegal invasion of Ukraine, a global energy crisis and central banks across the world having to respond to sharp rises in inflation. And, at the time of writing, Hamas has launched a terrorist attack against the state of Israel and triggered the most dangerous conflict in the region for decades.

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This article appeared in the Britain section of the print edition of The World Ahead 2024 under the headline “Labour’s economic plans”

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