Starmer Pledges Growth-Focused Budget Amid Fiscal Challenges
UK Labour leader Sir Keir Starmer assured that next month’s Budget will prioritize economic growth, avoiding measures that stifle progress. Speaking in Rome, Starmer emphasized that Chancellor Rachel Reeves’ decisions would be guided by the principle of promoting growth while stabilizing the economy.
Starmer ruled out tax hikes on income, VAT, and corporation tax but hinted at targeting wealthier Britons and sectors like private equity, oil, and banks to fill a £22bn fiscal gap. He reassured businesses, stating that stabilizing public finances is crucial for long-term economic growth.
