Reeves has done one thing that will make the markets happier. She has constrained and planned the public purse expenditure. This is why the market's reaction has so far only been slight. Truss's problem was that it was clear that unfunded spending would be needed.
Various things done. To get full details a lot of reading is needed - I'll do it for one
Employment Allowance will be increased from £5,000 to £10,500. Employment Allowance allows employers to reduce the total amount of National Insurance they pay per year. •At present, Employment Allowance is only available to employers who have less than £100,000 in National Insurance liabilities. This restriction will be removed so larger employers will also be eligible.
The reasons for dropping the NIC wage level is blisteringly obvious. They must have noticed some clearly making use of the higher limit.
Then comes getting more investment. A broad view is must control the public purse to the taxation level. Also gov needs to invest in certain things as well.
NHS aspects mentioned if you listen to the right channels. In the extreme some want a return to Blair levels. More generally not enough going in could be better but from what? They have stated clearly what the 5year plan is. The full plan needs 10.
The last lot - what did we finish up with. Record taxation levels the sly way fiscal drag and near zero growth. Then holes in the budgeting. Don't kid yourselves there were.
LOL I wonder if fiscal drag and some other changes might have kept us in the EU.