STARMER SAYS ECONOMY PLAN WILL TAKE TIME-The Prime Minister is set to give a speech outlining multi-year economic plan
Prime Minister Keir Starmer, in response to the UK budget delivered last week by the Chancellor of the Exchequer, Rachel Reeves, has stated that Labour’s economic plan will take years to deliver in full.
Starmer has maintained that Chancellor Reeves was right to impose £26bn-worth of tax rises and further promised a long-term plan that he said should be judged at the end of the parliament.
Starmer’s comments form part of a broader intervention designed to bolster his and Reeves’s position after days of arguments about whether the chancellor had needed to put up taxes to their highest levels on record.
The Conservatives have called for Reeves to resign over accusations of misleading voters when she warned about the impact of lower growth forecasts by the Office for Budget Responsibility (OBR).
Starmer, who is set to give a speech today in rebuttal of those claims and also outline a multiyear economic plan based around deregulation, welfare reforms and firm European ties, stated that Labour will deliver the promised ‘change’ in order to renew the UK economy and will be judged on it at the next election.
