Labour brands economic policy ‘securonomics’ with focus on active state

Shadow chancellor Rachel Reeves is to brand Labour’s economic policy “securonomics” with a pledge to follow a supply side agenda focused on an active state and stronger industrial strategy.

In a major speech in Washington DC, she will pledge to “rebuild the industrial foundations that we have lost, and which have left us exposed to global shocks”.

This will mean investing in sectors and technologies that will “shape Britain’s future…