Keir Starmer to Outline Optimistic Vision as Treasury Considers Spending Boost
Prime Minister Keir Starmer is promising a more optimistic vision, as the Treasury considers revising fiscal rules to allow increased spending. At the Labour conference in Liverpool, Starmer emphasized difficult long-term decisions, while Chancellor Rachel Reeves plans to reevaluate public investments. The focus is on responsible investments aimed at growth and infrastructure.
UK Prime Minister Keir Starmer is set to adopt a more optimistic tone, promising to 'build a new Britain' as the Treasury considers revising fiscal rules to permit increased capital spending.
During the Labour party conference in Liverpool, Starmer acknowledged the public's exhaustion with politics and economic challenges while emphasizing the need for difficult long-term decisions.
Chancellor Rachel Reeves aims to change how public investments are evaluated, potentially excluding losses from the Bank of England's quantitative easing to free up funds.
Starmer criticized previous fiscal policies and reiterated Labour's commitment to responsible investments aimed at growth and infrastructure, such as housing, roads, and hospitals.
During the Labour party conference in Liverpool, Starmer acknowledged the public's exhaustion with politics and economic challenges while emphasizing the need for difficult long-term decisions.
Chancellor Rachel Reeves aims to change how public investments are evaluated, potentially excluding losses from the Bank of England's quantitative easing to free up funds.
Starmer criticized previous fiscal policies and reiterated Labour's commitment to responsible investments aimed at growth and infrastructure, such as housing, roads, and hospitals.
