Rachel Reeves MP, Labour’s Shadow Pensions Minister, commenting on the Government’s announcement on pensions today, said: 

“These are plans for new pensioners in the future. Vague promises of jam tomorrow don’t do anything for pensioners today. With higher VAT and fuel prices rising, they want help now ...

Rachel Reeves MP, Shadow Minister for Work and Pensions, speaking as today’s Opposition Day Debate on the impact of the Government’s policies on women gets underway, said:

“The Tory-led Government’s policies are hitting women and families hardest. There is a real risk the clock is being turned ...

Amidst mounting opposition to the Government's Pensions Bill, today will see the first opportunity for MPs to vote in the House of Commons on proposals which unfairly penalise women and is a clear breach of the Coalition Agreement.

The Pensions Bill proposes to raise the women's state pension ...

Rachel Reeves MP, Labour's Shadow Chief Secretary to the Treasury, in a speech  to the Resolution Foundation, said:

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Thank you so much for having me today.

The Resolution Foundation has been rightly recognised for its role in placing the pressures faced by ordinary working households at ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to revised GDP figures for the final quarter of 2012, said:

“These figures confirm that our economy went into reverse at the end of last year. Instead of the 2.8 per cent growth expected under George Osborne ...

Rachel Reeves MP, Labour’s shadow chief secretary to the Treasury, responding to the 4G auction raising just £2.3 billion, said:

“This is yet another blow to George Osborne’s failing economic plan. It shows how foolish and short-termist the Chancellor was to bank this cash in the autumn ...

Labour to expose Government’s failure to deliver on infrastructure

Labour will today use an Opposition Day Debate to call on the Government to bring forward infrastructure investment and build thousands more affordable homes as new figures show the failure of the Government’s National Infrastructure Plan. 

Analysis of figures ...

Rachel Reeves MP, Labour's Shadow Chief Secretary to the Treasury, commenting on Nick Clegg's speech on 'tax fairness', said:

“This is a laughable speech from an increasingly desperate Nick Clegg. The Liberal Democrats will be judged on what they do not what they say, and their record is ...

Rachel Reeves MP, Labour's Shadow Chief Secretary to the Treasury, responding to the IFS Green Budget today, said:
 
“The IFS report shows how badly the Government's plan has failed. By choking off the recovery the Chancellor is now borrowing billions more than he planned as the costs of ...

Rachel Reeves' speech to IPPR North on the Northern Economy

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Rachel Reeves MP, Labour's Shadow Chief Secretary to the Treasury, in a speech today to IPPR North, said:

Since entering Parliament in 2010, I’ve really noticed how much of what passes for a national policy ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, has today written to Andrew Dilnot, Chair of the UK Statistics Authority, after the Prime Minister incorrectly claimed in a Conservative Party Political Broadcast that this Government was ‘paying down Britain’s debts’. 

Rachel Reeves MP said:

"This suggests ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to Nick Clegg’s admission that the Government cut capital spending too deeply, said:

 "This is the first admission that this Government has made serious mistakes on the economy. But the real question is what Nick Clegg’s ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to the IMF’s latest growth forecasts for the UK economy in its World Economic Outlook update, said: 

“Following this week’s rising borrowing figures, these downgraded growth forecasts for Britain are yet more evidence that the Government ...

Rachel Reeves MP, Labour's Shadow Chief Secretary to the Treasury, responding to today's public sector finance figures, said:

“David Cameron and George Osborne’s economic plan is hurting, but it’s not working. Their failure on jobs and growth means they are now failing on the one test ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to the National Audit Office report on infrastructure, said:

“Investment in infrastructure is vital to our economy’s short term recovery and our long term prosperity. But the worrying fact is that, half-way through the Tory-led Government’s ...

Rachel Reeves MP, Labour's shadow chief secretary to the Treasury, responding to today's public sector finance figures, said:

"For all the Chancellor's smoke and mirrors in the autumn statement, these figures show that borrowing is rising and is up by almost 10 per cent so far this ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, commenting on IFS analysis of the autumn statement, said:

“The IFS has exposed who is paying the price for George Osborne’s economic failure.

“Their figures show that middle and low earners lost out from the Autumn Statement, with ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, commenting on independent analysis of the impact of tax and benefit changes announced in the Autumn Statement, said:  

“While millionaires get a tax cut it is millions of struggling families on middle and modest incomes who are paying the ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to the Government’s announcement on capital spending, said:  

“The Chancellor seems to have finally admitted that abolishing the Building Schools for the Future programme and his other deep cuts to infrastructure investment were a catastrophic mistake which ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to revised GDP figures for the third quarter of 2012, said:
 
“These figures show that, even with the welcome end of the longest double-dip recession since the Second World War, our economy has shrunk by 0.1 per ...

Rachel Reeves MP, Labour's shadow chief secretary to the Treasury, responding to a report from the British Chambers of Commerce showing that just 3 out of 13 transport projects identified by the government as crucial to economic growth have been given the go ahead, said:

"This report is further ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to today’s public sector finance figures, said: 

“George Osborne is borrowing billions more simply to pay for the cost of his economic failure. Having failed on jobs and growth, the government is now failing on the deficit ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to today’s construction output figures, said:
 
“The continuing contraction in the construction sector is very concerning. Over the last year we’ve seen an 11.3 per cent fall in construction output with an 18.7 per ...

Rachel Reeves MP, Labour's Shadow Chief Secretary to the Treasury, responding to the Chancellor's announcement on the accounting of quantitative easing, said:

“George Osborne desperately needs to find a way out from his failing economic plan which has seen no growth and rising borrowing so far this year ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, commenting on research by KPMG on the living wage and the letter from sixty academics in The Times today warning on Osborne’s proposals to end national pay bargaining, said:

"Today's report from KPMG shows the work that ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, speaking after Prime Minister’s Questions and ahead of tomorrow’s economic growth figures, said:

“The Prime Minister seems to have let slip what we already knew – that the Olympics will help Britain finally emerge from the longest double-dip ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to today’s public sector finance figures, said:

 “George Osborne’s borrowing plans are wildly off track. He has already had to revise his borrowing targets up by £150 billion over this parliament. And in the first six ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, commenting on the Office for Budget Responsibility’s forecast evaluation report, said:

“The OBR’s report notes that, at the time of George Osborne’s first Budget, they forecast growth of 5.7 per cent between the start of ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to George Osborne's speech to the Conservative Party conference, said:

 “George Osborne’s speech shows he is in complete denial about the failure of his plan.  

“His defensive speech didn't once mention that his policies have ...

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Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, said today at Labour Party Annual Conference 2012:

When Ed Miliband calls for an economy that works for working people, some people ask what that means in practical terms.

Well now we're going to talk ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to the final estimate of GDP figures for the second quarter of 2012, said:

“While any small upward revision is clearly better than the opposite, these figures confirm our economy is in the longest double-dip recession since the ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to reports that George Osborne may break his debt rule and exchanges at Prime Minister’s Questions, said:

“It’s very revealing that David Cameron repeatedly refused to say that the Government will meet its target to get ...

Rachel Reeves MP, Labour's Shadow Chief Secretary to the Treasury, responding to government announcements on planning and house building today, said:

“With our economy in a double-dip recession and a serious housing crisis, the Government are kidding themselves if they think these announcements are up to the scale of ...

Rachel Reeves MP, Labour's shadow chief secretary to the Treasury, responding to economic growth forecasts published by the OECD today, said:

"These very concerning forecasts show just how badly the Government's economic policies have failed. Britain's growth forecasts have been slashed by more than any other major ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to the CBI’s quarterly economic forecast, said:

"These very disappointing forecasts suggest the short-term boost from the Olympics will not be enough to counteract the longest double-dip recession since the Second World War. Despite the eurozone crisis ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to revised GDP figures for the second quarter of 2012, said:

“Any small upward revision in growth figures is welcome, but our economy is still in the longest double-dip recession since the Second World War and that’s ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to today’s public sector finance figures, said:

“This is a damning indictment of a Chancellor who promised to secure the recovery and get the deficit down. His failed plan has delivered the exact opposite - a double dip ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, in response to today’s Eurozone and EU Growth figures, said:
 
“These are concerning growth figures, with the Eurozone economy contracting in the last quarter. But they also show that despite all the problems in the euro area, France ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to the Bank of England’s quarterly inflation report, said:

“With growth forecasts slashed yet again, not just this year but in future years too, it is clear that we cannot go on with the same failing plan ...

Rachel Reeves MP, Labour's Shadow Chief Secretary to the Treasury, responding to Danny Alexander’s comments on credit rating agencies, said:

"Has Danny Alexander told the Chancellor that credit ratings are not the be all and end all? As the Government’s policies have failed on growth, jobs and ...

Rachel Reeves MP, Labour’s shadow chief secretary to the Treasury, responding to the head of the OECD’s comments this morning, said:

“It would be very unwise of George Osborne to take false comfort in the assurances of the head of the OECD. His loyal support for the Government ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to today’s public sector finance figures, said:

"After yesterday’s IMF report, these figures are another damaging blow to David Cameron and George Osborne’s failed economic plan. By choking off the recovery and pushing the economy ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to David Cameron’s interview in the Daily Telegraph suggesting that the deficit will not be brought down until 2020, said: 
 
"This is a significant admission from David Cameron that his economic plan has failed.

"He and George ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to George Osborne’s infrastructure announcements, said:

“With Britain in a double-dip recession because of the Chancellor’s failed policies anything which helps to get the economy moving again is welcome. But these proposals do not go far ...

Rachel Reeves MP, Labour's Shadow Chief Secretary to the Treasury, responding to the New Economics Foundation report on regional pay in the public sector, said:

"This report confirms that there is no evidence to support the Conservative-led Government's contention that the reason businesses are struggling in so many ...

Rachel Reeves MP, Labour's Shadow Chief Secretary to the Treasury, responding to the CBI director-general's interview in today's Financial Times, said:

"With Britain now one of just two G20 countries in a double-dip recession, the CBI is right to criticise the failure of the Government's growth ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to the OBR’s fiscal sustainability report, said: 

"The OBR’s report sets out some of the huge challenges facing policy-makers over the coming decades, including issues like the rising cost of social care which this Government has ...

Rachel Reeves MP, Labour’s Shadow Chief Secretary to the Treasury, responding to NIESR forecasts suggesting the economy shrunk by 0.2 per cent in the second quarter of 2012, said:

"These are very concerning and disappointing forecasts. With the economy having already shrunk over the last 18 months, it ...

Speech to the Resolution Foundation by Rachel Reeves MP, Labour's Shadow Chief Secretary

How a Labour government would raise living standards for those on low to middle incomes in the decade ahead

I want to thank the Resolution Foundation for inviting me here today, and to thank Gavin and ...