Live: Sir Keir Starmer delivers speech ahead of Budget – ‘better days ahead’
Live: Sir Keir Starmer delivers speech ahead of Budget
Sir Keir delivering a speech in which he says the Budget on Wednesday will embrace the “harsh light of fiscal reality” but “better days are ahead”.
Labour’s economic plans will not cause mortgage rates to spike, the Prime Minister also insisted this morning.
The prime minister warns of “unprecedented” economic challenges but will say the government will “run towards them”. He will also promise “better days” ahead.
Government is expected to announce a series of tax hikes in Wednesday’s Budget, including the National Insurance rate paid by employers.
The Conservatives have accused Sir Keir of running a government of “broken promises”.
Sir Keir will argue that the country faces an “unprecedented” challenge of weak public finances alongside “crumbling public services”
It comes after Rachel Reeves, the Chancellor, was warned that her plan to change debt rules to allow more borrowing for investment could spook the financial markets and result in interest rates staying higher for longer.
Connect with us
Subscribe for latest videos and live streams
On the go – key in ynuk.tv
Your reaction – drop by our comment box
https://www.facebook.com/YNUKtv
https://x.com/YourNewsUKtv
https://www.instagram.com/yournewsuktv
https://www.youtube.com/@ynuktv
