Keir Starmer and Rachel Reeves grapple with misconceptions around taxation policies, reflecting a need for substantial tax increases to repair austerity damage.
The article argues the focus should be on the economic harm caused by over a decade of austerity rather than on the projected "black hole" in finances.
Experts point out that Brexit is failing, with new trade paperwork hindering smaller businesses, impacting economic growth.
The piece suggests that reviving the UK's relationship with the EU is crucial, advocating for a potential return to the customs union for improved trade.
The article critiques the notion that appointing Peter Mandelson to Washington will enhance trading, emphasizing the historical special relationship with Europe over the U.S.
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