Rachel Reeves unapologetic on her fiscal rules while talking up investment

Conference speech sets out likely Labour economic argument at next general election and pitch to party

• Reeves warns Labour figures against peddling idea' of ditching fiscal rules

Never let anyone tell you that there's no difference between a Labour government and a Conservative government." Rachel Reeves used her speech in Liverpool to draw a sharp dividing line with her Tory predecessors - and with Nigel Farage's Reform UK.

In a restatement of Labour's early achievements in government, received as a tonic by the party faithful in the hall, the chancellor pointed to a slew of spending promises.