Rachel Reeves’ economic credibility is on the line

Rachel Reeves will try to frame her stance maintaining fiscal rules while boosting overall spending by 300bn around a pledge to “invest in Britain ’s renewal” The Chancellor will today try to rebut the twin accusations that the government is embarking upon austerity 2.0 and that Labour is losing its grip on the purse strings.

Reeves' name is one of those most cited as patience begins to wear thin.

The Tories are going backwards, with a decline in how much people trust them on a range of economic metrics since March .

While people want an improvement in public services, there is little appetite for tax rises.

Almost half of Brits think the government could cut one fifth of government spending without damaging the economy or reducing the quality of public services.