This was an authentically Labour spending review. The spending limits were the product of Rachel Reeves’ wise decision last year to raise taxes and borrow to invest: the fantasy numbers in the Tories’ pre-election plans are a distant memory, thank goodness. And the allocations made yesterday reflect Labour values and priorities too – national security, clean power, social housebuilding, the NHS and free school meals. The investment plans in particular bear a firm Labour stamp.