Matt Goodwin has given a scathing analysis of Chancellor Rachel Reeves’ speech at the Labour Party conference, branding it “weak.”

In her speech, Reeves pledged to deliver “a Budget to rebuild Britain”, emphasising Labour’s vision for economic renewal and investment.


She promised there would be “no return to austerity” and outlined plans for a “decade of renewal”.

Speaking about the Chancellor’s promises on GB News in a furious rant, Goodwin said: “I thought it was a very weak speech.

Matt Goodwin slammed the speech as “weak”

GB News

“I thought the party was embodied in Rachel Reeves. She looked insecure, looked on the defensive, not like a party that’s just won the biggest majority since 1997.

“They talked a lot about how much they disliked the Tories. Why are a new party of government wasting all that time on the Tories?

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“She talked endlessly about identity politics and that she’s the first female chancellor, who cares?

“We want a chancellor who is doing the job and delivering a thriving economy. We don’t want to constantly be discussing identity politics.”

He highlighted omissions in her address, including the national debt, mass immigration costs, and social care challenges.

He explained: “There’s a remarkable amount she didn’t talk about at all. She said very little about our national debt, which we’ve seen over the last few weeks is forecast to reach 300 per cent of GDP in the not too distant future.

Rachel Reeves

Rachel Reeves gave her speech today

PA

“She said nothing about the broken model of mass immigration, which the OBR (Office for Budget Responsibility) said two weeks ago is costing the average taxpayer £150,000 a year for every low skilled, low wage migrant coming into the country.”

Goodwin also questioned Labour’s stance on vested interests, referencing the recent clothing donations scandal: “Where there are vested interests, I think Labour will say, let’s give you a pass to Number 10 Downing St.”

Reeves announced plans to appoint a new Covid Corruption Commissioner next month to help recoup money owed to taxpayers.

She vowed to “seek out those who have ripped off the taxpayer, chase them down, take them to court, and claw back every penny of taxpayer’s money that they can”.

Rachel Reeves

Rachel Reeves warned of the need for stability

PA

The Chancellor expressed optimism for Britain’s future, stating: “My ambition for Britain knows no limits because I can see the prize on offer if we make the right choices now.”

However, Reeves also warned of the need for stability to avoid a Liz Truss-style meltdown of public finances

Her speech comes ahead of her first Budget on 30 October, where she will have the opportunity to put her economic vision into practice.