REFORM moved to the open embrace of neoliberalism today as its new “shadow chancellor” pledged to keep key economic decisions outside democratic control and restore the two-child benefit cap.

Former Tory Robert Jenrick, confirmed as Reform’s economic lead this week, said that a Reform government would retain both the independence of the Bank of England in setting interest rates and the Office for Budget Responsibility (OBR).

The OBR vets government spending plans and has been used by both Labour and the Tories to endorse austerity economics.

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