Chancellor Rachel Reeves criticises previous governments for failing to tackle economic stagnation as she vows to implement planning, regulatory, and pension reforms to stimulate growth. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00Economic growth in the UK has been too weak for too long and we are determined to be the
00:05government, I'm determined to be the Chancellor, that turns around that performance by removing
00:11the things that are stopping businesses and investors from creating jobs and prosperity
00:17here in Britain, whether that's planning reform, regulatory reform or pensions reform to get
00:24our economy growing.
00:25Well everyone can say that we need to turn around the country's performance. Everyone
00:30shares that analysis. What previous governments, Liz Truss, Rishi Sunak, Boris Johnson, David
00:36Cameron, what they failed to do was to take the necessary decisions to reform the planning
00:43system, to reform our regulatory system, to embrace the opportunities from AI. They failed
00:49to take those decisions and as a result our growth under successive Prime Ministers has
00:53been stuck in the slow lane and we are determined to be the government that turns that around.