For all Rachel Reeves’ talk of security, Labour’s economic offering is built on shaky ground.

WAKEFIELD, ENGLAND – APRIL 29: People wait for a bus as Labour’s Shadow Chancellor Rachel Reeves takes part in a campaign event for local elections in the city centre on April 29, 2022 in Wakefield, England. Rachel Reeves talks to voters about how the spiralling cost of living and the National Insurance hike is affecting their lives. (Photo by Christopher Furlong / Getty Images)

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