In face of ‘economic doom loop’, Labour factions call for reset and demand party tackle populist nationalism head on
Labour MPs have ramped up pressure on the Treasury, calling for an economic reset after the Reform UK surge in the local elections and saying that the economy is stuck in a “doom loop”.
The warning comes from the influential Labour Growth Group (LGG), a large caucus of loyalist new MPs who have lobbied the government to go further on planning and energy reforms. Its chair said that, without drastic action, the Reform UK leader Nigel Farage was on course to become prime minister.
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