Gabriel Pogrund is re-circulating the rumour that Starmer will appoint Rachel Reeves as Shadow Chancellor. My first instinct is that this would be a poor start for a man who claims to want to unify the party, since her record is as a central thinker for those opposing Labour’s turn to the left.
Anyway I have googled her, and she is another ex-Bank of England employee with an impressive education in economics, unless we take the view that it’s academic economist’s lack of heterodoxy that is one of the key causes of the 2008 crash. Obviously this would come lower down the list of causes than the greed of the ultra-rich and the structural contradictions in late twentieth century capitalism. For more see below or oveleaf … …