The Labour finance minister has presided over a remarkably City-friendly portfolio, with red-tape cutting for banks, insurers and beyond.

Reeves will use her third Mansion House speech to tell City chiefs that the next government must “maintain” fiscal credibility and stability.

Rachel Reeves should be remembered: for dissembling, breaking promises and making Brits poorer. Little consolation, then, that her likely successor Ed Miliband will be so much…