This one comes from the same series, 'The Starmer Project' and is more recent, it's from yesterday.
Written by a different journalist, Chris Giles, and heavily dependent on the 'taxes fund spending' approach, which is the angle that the opposing parties and the nedia will be working from, it is rather less bullish...
I don't know if it's a free link, I'm an FT subscriber so I can access it, but give it a try
www.ft.com/content/e910f8e4-013f-4efb-87a1-770354341d37
This makes my heart sink...
Reeves is clear that “there is not a huge amount of room for manoeuvre”, saying the government cannot simply borrow its way to better public services. “Liz Truss and Kwasi Kwarteng tested to destruction the idea of deficit financed spending, so it is really important we explain where the money is going to come from,” referring to the former prime minister and her chancellor.
In other words, if constrained by the neoliberal economic thinking that's held sway since Thatcher (cut the deficit), Keynesianism (spend out of a depression) we could be in for more austerity... 😒
I just hope that once they're in power they ignore the current 'orthodoxy' and go for it... It worked for the post WW2 Labour government.