Labour will support Rishi Sunak’s smoking ban to phase out cigarettes, Shadow Chancellor Rachel Reeves says

LABOUR will BACK Rishi Sunak’s plan to ban young people from smoking, Rachel Reeves confirmed today.

On the second day of Labour conference in Liverpool, the Shadow Chancellor argued outlawing fags is the “one sensible thing” the Tories came up with at their annual meet-up in Manchester.

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Rachel Reeves, Shadow Chancellor of the Exchequer, delivers a speech to party delegates on day two of the Labour Party conference in LiverpoolCredit: Getty

She told a packed-out auditorium of Labour members: “I’m telling you what we already know.

“Liz trust might be out of Downing Street but she is still leading the Conservative Party.

“The one sensible thing that they came up with (in Manchester) was their phased smoking ban, which we support.

“However, I do fear for the Conservative Party – with such a shortage of fag packets, what on earth are they going to write their next policy on?”

Ms Reeves risked sparking a class war as she announced a major crackdown on private schools, cutting tax breaks and whacking an additional 20 per cent on to parents’ fees.

She said: “If Rishi Sunak wants a fight on this… wants a fight about who has the most aspiration for our children, then I say bring it on.”

The Shadow Chancellor pledged to ban ministers from travelling on private jets.

And she Whitehall mandarins will only be allowed to fork out cash on expensive consultants if they can prove value for money.

Off the back of Liz Truss’ disastrous mini budget, she promised to impose a new fiscal law requiring any government making “permanent and significant tax and spending changes” to be subject to an independent forecast from the unelected Office for Budget Responsibility.

Ms Reeves also promised to create a new National Wealth Fund that will have to leverage in £3 of investment for each £1 of taxpayer money.

She said: “Financial responsibility means knowing when not to spend. But it also means making sure that when you invest you get the bang for your buck.

“Labour will make the long term decisions and invest in British industry, driving down bills and creating new jobs.”

The Shadow Chancellor reaffirmed Labour’s key promise to abolish non-dom tax status and spend the billions they claim it will bring in on increasing the number of doctors and nurses in the NHS.

She told delegates: “If you make your home in Britain, you should pay your taxes here too, and with Labour you will.”

On housing the Shadow Chancellor set out aims to ensure 70 per cent of British households are homeowners.

She vowed to raise stamp duty charges on foreign buyers to help fund the construction of affordable homes.

“Labour is the party of the builders not the blockers,” she said.

Pledging to crack down on Whitehall waste, Ms Reeves said she’ll instate a ‘Covid Corruption Commissioner’ to examine dodgy pandemic procurement contracts “line-by-line”.

And she promised to kickstart an independent inquiry into HS2 spending getting out of control.

“Just look at the fate of HS2,” she said.

“A major transport project lost, another promise broken because the government could not keep costs under control.

“If I were in the Treasury, I would have been on the phone to the Chief Executive of HS2 non-stop. Demanding answers – and solutions – on behalf of taxpayers, businesses, and commuters.”