Theresa May has responded to the damning Philip Green report via her spokesman, saying the BHS collapse shows there is a need to “reform capitalism”. The Ed Miliband of 2013 will be happy:

“We are talking about how we are going to reform capitalism, not abolish it as my dad would have wanted.”

It’s not the only rhetorical similarity. The PM’s new slogan is “A country that works for everyone, not just a privileged few”. A handy rip-off of one of Ed’s old speeches:

“we should reward the hard work of everyone… [not] government that works only for the privileged few”

What about policy? Last week May announced she wanted to force firms to put worker representatives on their boards and impose tighter controls on executive pay:

“An institutional overhaul is required, particularly in executive pay where a dysfunctional set of institutions have developed over the last few decades… Pay, particularly for the most senior staff, needs to be set in a fair and transparent fashion, and remuneration should be overseen by those from all levels in a company.”

Except that quote isn’t from Theresa, it was said by John McDonnell, who wants the exact same thing. Forget the Amanda Wakeley dresses, she’s stealing Labour’s clothes…