Britain is in a parlous situation. The Labour Government and Chancellor Rachel Reeves have been put to the test over the last 21 months in office and found sorely wanting. Forget Labour’s vacuous pledges on growth and its vain promises to bring down the cost-of-living. Britain and the global economy face a shock every bit as damaging as the one we confronted after Russia’s brutal invasion of Ukraine in 2022 – and just ... [8949 chars]