Article 6FDN7 Former Bank of England governor Mark Carney endorses Rachel Reeves – as it happened

Former Bank of England governor Mark Carney endorses Rachel Reeves – as it happened

by
Andrew Sparrow
from Economics | The Guardian on (#6FDN7)

Carney says it is beyond time we put her energy and ideas into action' in video shown to Labour conference after shadow chancellor's speech

This morning Sharon Graham, the Unite general secretary, told the Today programme that she wanted Labour to be more ambitious. Restating an argument that she made in an Observer interview at the weekend, she said:

Whilst I think Rachel is doing a good job, I don't think we're going get this sort of growth that they're talking about quickly. We haven't had high growth since the 1970s.

And so what I'm saying is that we need to look at the economy differently. We need to do some big ticket ideas. And the renationalisation of energy is one of those ideas. It is absolutely affordable and Labour needs to act more like a 1945 transformative government rather than being so timid.

I'm under no illusions about the scale of the task that I will face if I become chancellor of the exchequer next year.

The public finances are in a dire state, growth is on the floor, public services are on their knees.

My feeling about them is that they don't expect Labour to support independence in Scotland, but they do want us to show an empathy towards those who do support independence.

I think that we need to gain a hearing from ex-SNP voters, I think that's going to be very important indeed if we're going to build our support and win the seats that we need at the next election.

It looks increasingly as if Scottish Labour will deliver seats to build a UK Labour majority in the next parliament after the election. I think importantly, in return, a Labour government, should it be formed, must then deliver to Scotland and the Scottish people ahead of the Holyrood elections in 2026. And that's got to be the basis, in my view, of our appeal and of our project.

I'm very clear that for Labour as a whole to strengthen its appeal in Scotland we need to present a convincing economic growth plan to benefit the whole of the UK including Scotland, and that's something the SNP can't do.

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