“There is no time to waste,” said her new finance minister, Rachel Reeves, during a speech to head companies in London, adding that the UK should speed up construction of infrastructure projects, mostly land infrastructure and housing. Britain’s Finance Minister also completed: “We need to ensure that the country resumes construction,” he said in detail “the first steps taken by the new Labour Party government to restore the foundations of our economy.” “We are already putting an end to the absurd ban on land wind power in England,” he announced, referring to what Labour consider a de facto ban on plans that could block groups of residents. “We will hold consultations on the reintegration of land wind energy into national infrastructure programmes, which means that decisions will be taken nationally rather than locally,” he said. The new British government also pledged with its announcement “to double land wind power by 2030”. The Minister of Finance promised the reform of the outdated rules of spatial planning that “leave too many important plans blocked for years and years” before construction began, recalling the Labour Party’s promise to build 1.5 million houses. Britain is currently facing the legacy of 14 years of chaos and financial irresponsibility” under the conservative governments said the Minister of Finance. The British economy has suffered in recent years the consequences of Brexit, the pandemic, the launch of inflation and the crisis of purchasing power brought about by it. Although the situation has improved somewhat in recent months, the budgetary situation remains fragile. At the time the new government’s budgetary margins appear limited, Rachel Reeves announced “strict budgetary rules” and “iron fiscal discipline”. The Labour Party’s programme during the campaign remained moderate in terms of spending and creating new revenue from raising taxation. Source: RES – ICM