{"id":217308,"date":"2025-01-17T06:08:17","date_gmt":"2025-01-17T06:08:17","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/17\/rachel-reeves-says-she-wont-let-critics-get-her-down\/"},"modified":"2025-01-17T06:08:18","modified_gmt":"2025-01-17T06:08:18","slug":"rachel-reeves-says-she-wont-let-critics-get-her-down","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/01\/17\/rachel-reeves-says-she-wont-let-critics-get-her-down\/","title":{"rendered":"Rachel Reeves says she won’t let critics get her down"},"content":{"rendered":"
\"Rachel<\/div>


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Rachel Reeves has said she will not let critics “get me down” following a bumpy few days for the UK economy.<\/p>\n

The chancellor was speaking to the BBC’s Political Thinking with Nick Robinson<\/a> podcast towards the end of a week which saw the country’s borrowing costs rise to the highest level for several years.<\/p>\n

Reeves said the rise was “not a British phenomenon” and that other countries had also seen borrowing costs increase. <\/p>\n

She also insisted she had “got what it takes to deliver for people in this country” and the ideas to “turn things around”. <\/p>\n<\/div>\n

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On Thursday, figures showed the UK economy grew by 0.1% in November<\/a> fuelling concern that growth could remain stagnant for some time to come. <\/p>\n

The Conservatives have accused the chancellor of “burying her head in the sand” and called for an “urgent change of course”. <\/p>\n

The Liberal Democrat’s Treasury spokeswoman Daisy Cooper said Reeves had “put the handbrake on the economy with her misguided jobs tax” – a reference to the rise to the National Insurance<\/a> paid by businesses.<\/p>\n<\/div>\n

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Speaking to the BBC, Reeves said the current levels of growth were “not good enough” and that boosting the figures was the “number one mission of the Labour government”.<\/p>\n

As part of that mission, Reeves said she would be meeting regulators to encourage them to “do what is needed” to boost growth.<\/p>\n

“We are not going to be able to grow the economy if the regulators keep doing what they’re doing.”<\/p>\n

She added that there was not “a room big enough” to meet all the UK’s regulators.<\/p>\n

Since coming to power in July, Reeves has faced criticism for several of her decisions including removing the winter fuel payment<\/a> from all but the poorest pensioners, changing inheritance tax rules for farmers<\/a> and opting not to compensate women<\/a> affected by changes to the state pension age.<\/p>\n

She defended those moves as “difficult decisions” that were “the right decisions in the national interest”. <\/p>\n

She added that she wished she had arrived in the job and been told “‘the money’s coming in’… then I could have made different decisions”.<\/p>\n

“But in the circumstances that I inherited, I judged that I had to make sure the sums added up.”<\/p>\n

Asked if her decisions had damaged business confidence, Reeves asked: “What was the alternative?<\/p>\n

“All decisions have consequences but imagine the alternative. <\/p>\n

“Imagine that I hadn’t addressed that problem and now when financial markets look at the UK, they would be saying ‘this is a government that is not real about the situation that it faces, it is spending more money than it is bringing in. It’s having to borrow more and more’.”<\/p>\n<\/div>\n

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Asked about the criticism she had faced, Reeves said: “I haven’t taken it personally.<\/p>\n

“Some people don’t want me to succeed. Some people don’t want this government to succeed.”<\/p>\n

The chancellor added: “That’s fair enough. That’s their prerogative. But I’m not going to let them get me down. I’m not going to let them stop me from doing what this government has got a mandate to do, and that is to grow the economy.”<\/p>\n<\/div>\n


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Rachel Reeves has said she will not let critics “get me down” following a bumpy few days for the UK economy. The chancellor was speaking to the BBC’s Political Thinking with Nick Robinson podcast towards the end of a week which saw the country’s borrowing costs rise to the highest level for several years. Reeves […]<\/p>\n","protected":false},"author":2,"featured_media":217309,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/16e9\/live\/d3597830-d446-11ef-926a-e507ef508377.jpg","fifu_image_alt":"","footnotes":""},"categories":[603],"tags":[3609,4947,4948,2829],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/217308"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=217308"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/217308\/revisions"}],"predecessor-version":[{"id":217310,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/217308\/revisions\/217310"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/217309"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=217308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=217308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=217308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}