Of course you are going to disappoint people

Reeves: Of course you are going to disappoint people as Chancellor

Rachel Reeves admits Labour has “disappointed” people while in government.

The politician said she understood that being Chancellor meant making unpopular decisions.

She told an audience at the Edinburgh Fringe Festival that Labour had got the balance right between tax, spending and borrowing.

But she said that balancing the books meant making tough decisions, even if the are unpopular.

It seems unlikely that the word 'disappoint' is strong enough, but she hasn't disappointed everyone.


Ms Reeves pointed to Labour’s £200 million investment in carbon capture in the north east of Scotland, which she said was welcomed by the industry.


Presumably that 'investment' comes from the Arrangement for Renewable Subsidy Expansion.