Rachel Reeves makes first speech as UK chancellor – watch live

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Rachel Reeves, the chancellor of the exchequer, makes her first speech in her new post

The Guardian on YouTube:

#rachelreeves #labour #politics #ukelection #uknews
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Liverpool Central Docks is a sleeping giant. Liverpool's docks are literally the window to the UK. Millions of people judge the whole country, our culture and economy on the strength of the city's waterfront. Make Liverpool the jewel in the country's crown. It is strategically vital at the crossroads of England, Ireland and Wales and should be a flagship city.

richardwright
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Brilliant speech 👏 The adults have finally arrived in parliament after 14 years of terrible Tories

EuroGhgkj
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This Chancellor is a breath of fresh not here to play games. This is what this great nation needs.

monsieurloving
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Meantime, we old folk will FREEZE and be forced to visit food banks.
Total betrayal.

davidblackburn
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Fantastic first speech from our new Labour Chancellor. She was measured, honest, and authentic, presenting herself as if she has been in the role for years. Although there are hard decisions ahead, I believe that once we navigate this temporary period and growth begins, the future will be bright.

JasonDrWho
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We can't complain about lack of housing and yet keep blocking building new ones. This is going to upset people, but we need houses. They are taking no prisoners to get stuff done. Just waiting for the Grifter from Clacton to start claiming all sorts of nonsense about asylum seekers getting penthhouses.

leewoodard
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The key to growth is investment. Not cost cutting, like the Tories believed.

patrikfloding
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One massive issue that people are either ignoring or appear to be ignorant of is the massive number of properties in this country and abroad, which are being procured for the sole purpose of maximising income from rentals in the tourist industry and pricing working people out of housing in their local communities. See protests in Barcelona and do your research on places in UK affected by this phenomena. The impact is not negligable. It's huge! This phenomena was ballooned by the likes of AirBnB which is great for those wanting a cheap holiday and those wanting to profit from property ownership, but disastrous for local working people trying to secure a tenancy or buy their first property.

hyperbole
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Refreshing. Sound's like competence.

jasontrow
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Does this country feel more chilled to everyone, or is it just me?

ascgazz
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See, I knew there wasn't a plan! Wait... What?

toadmeister
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I remember the same sort of speech when the coalition government came into power about labour leaving a lot of debt that needed to be sorted out 😂 it was almost word for word

MrFlash
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Stop saying the word reform. Brand recognition.

FrogPop-impy
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Is it just me, or are the journalists asking more sensible questions as well?

janeymckay
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Clearly better than any Tory chancellor - if only in terms of seriousness

martinbutler
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I saw Rachel’s interview with Rory and Alastair.
I’m glad she’s the new chancellor.

DoriZuza
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I like that approach. You must build housing and you can chose where locally.. but if you just waste time we will chose for you because its too important to do nothing. Finally the NIMBY crowd can shut up.

mattpreece
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I'm glad there are competent people back in charge, but unless wealth inequality is seriously addressed, there'll be no meaningful change. People living on foodbanks don't want to hear about growth and GDP. Neo-liberal trickle-down economics has failed.

gomey
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The robbing robot!!!! We are paying your heating on your 2nd house. Er, er, Er, Er, that's all she ever says 😂😂😂

terry
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Excellent - my only query is who will do the building - we are desperately short of skilled construction workers and increasing numbers will take time (through apprenticeships etc). To meet the urgency of the issue, there has to be acceptance that we may need to bring skilled workers in through targeted immigration. At last, grown-up government from grown-up politicians.

janeymckay