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Abstract In her 2024 Mais lecture, soon‐to‐be chancellor Rachel Reeves made the case for prioritising national economic security over the pursuit of ‘hyperglobalisation’. She put national economic productivity improvements at the heart of Labour's political‐economic strategy, reflecting the emergence of a dual consensus on economic government that has developed independently of the Labour Party in recent years. Reeves has recognised that this offers space for the pursuit of a moderate social democratic agenda, but the political challenge for the Labour government will be to maintain public support until its gradualist growth policies begin to take effect.
Aled Davies (Tue,) studied this question.