Rachel Reeves’s new year’s resolution
On Christmas Day, 12 million people watched the will-they-won’t-they couple Smithy and Nessa finally marry after 17 years in the finale of the hit BBC comedy series Gavin and Stacey. Yet for all the cheery sentiment, it’s a depressing thought that – statistically – in the real world the characters would be earning roughly the same amount at the series’ end in 2024 as they were at its beginning in 2007. Rachel Reeves’s task this year is to spring Britain from its low-growth trap. The early signs are not encouraging. Those captains of industry whom she once so assiduously courted are turning hostile. The Confederation of British Industry says private
