Shadow Chancellor Rachel Reeves has launched a scathing attack on the government over its decision to sell a stake in the M25 to a French-owned company, branding it a reckless move that undermines British infrastructure.
Speaking at a press conference, Reeves accused ministers of "selling off the family silver" by allowing foreign investors to take control of critical national assets. The deal, which sees a French consortium acquire a significant share in the motorway, has sparked outrage among opposition MPs.
Labour's Strong Opposition
Reeves, a key figure in Labour's economic team, argued that the sale represents a failure of long-term planning. "Instead of investing in our own infrastructure, the government is handing it over to overseas firms," she said. "This is short-term thinking at its worst."
Economic Concerns
The controversy comes amid growing scrutiny of foreign ownership of UK assets. Critics warn that such deals could lead to higher costs for taxpayers and reduced control over essential services. The M25, one of Britain's busiest motorways, is a vital transport link for millions of commuters and businesses.
Reeves emphasised that Labour would prioritise domestic investment in infrastructure if elected, ensuring that key assets remain under British oversight. "We need a government that puts the UK first," she declared.
