Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc

The Guardian Politics Sunday 07 June 2026, 11:13 UTC By Heather Stewart 1 min read

Key Points

Policy U-turns could define her stint at No 11 despite many sure-footed advances on devolved spending to help kickstart growthAn air of unreality settled on a Westminster conference room last week, as Rachel Reeves, upbeat in a powder pink power suit, gave a speech about boosting jobs and growth along the “OxCam corridor”. “If we get this right, working together, this corridor will not just compete globally, it will lead globally. We can do that together!”

Policy U-turns could define her stint at No 11 despite many sure-footed advances on devolved spending to help kickstart growth

An air of unreality settled on a Westminster conference room last week, as Rachel Reeves, upbeat in a powder pink power suit, gave a speech about boosting jobs and growth along the “OxCam corridor”.

“If we get this right, working together, this corridor will not just compete globally, it will lead globally. We can do that together!” she told the audience of investors, policymakers and entrepreneurs.

Rachel Reeves (PERSON) UK (LOCATION) Policy U- (PERSON) Westminster (LOCATION) the “OxCam corridor” (ORG)

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Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc

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