Labour will not ‘spend its way out of the mess’ but will a more pragmatic approach persuade the core support the party still stands for something?

Keir Starmer was looking assured, shirt sleeves rolled up and cracking jokes, as he stood in front of a giant orange robotic arm in an east London design lab to make his new year speech.

Just 24 hours earlier Rishi Sunak had given his own address on the state of the nation at the building next door, prompting the Labour leader to quip: “I won’t tell the prime minister where I’m going on holiday this year just in case I find him there as well.”

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