Does Labour believe in free markets?

This article discusses a report from the Institute for Public Policy Research (IPPR) highlighting a decline in “faith” in markets, reflecting broader confusion within the UK government regarding the efficacy of free markets. Politicians struggle to determine whether the issue lies in the actual performance of free markets or in their ability to convince voters of their effectiveness, resulting in inconsistent policies from both Labour and Conservative parties. The article emphasizes the need for clear and coherent policies to address these challenges as the government navigates various economic issues.