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PM: Government's first budget will invest in Britain's future

PM: Government's first budget will invest in Britain's future

 


The Prime Minister will say the Government's first Budget will lay the foundations to deliver on promises of change. Keir Starmer will reject austerity, chaos and decline in favor of economic stability, investment and reform. He will promise that better days are ahead, with an economic plan that will rebuild Britain and deliver sustainable long-term investment to put more money in people's pockets and deliver stronger public services.

Prime Minister Keir Starmer announced today (Monday 28 October) that his government's first budget will set Britain on a new path – to put more money into workers' pockets and rebuild public services rather than going back to austerity. We promise to move forward on a new path to choose long-term growth. .

Explaining the defining and central purpose of the government's agenda to protect workers from a terrible inheritance, he will say:

When the government fails to achieve economic stability, it is workers who pay the price. They have had enough of slow growth, stagnant living standards and crumbling public services. They know that austerity is not the solution. And they suffered chaos when politicians let borrowing get out of hand.

We choose a different path: making honest, responsible, long-term decisions for the benefit of our workers. Stability means we can invest, and reform means we will maximize that investment.

Stability, investment, reform. This is how we fix the NHS, rebuild Britain and protect workers' payslips. Fulfilling the mandate for change.

The Prime Minister will say the country faces unprecedented challenges after the last government covered up the state of public finances and gutted public services.

We need to be realistic about where we are as a country. This is not 1997, when the economy was good but public services were on their knees. And in 2010, public services were strong but public finances were weak. This is an unprecedented situation.

And that's before we get to the long-term challenges we've been ignoring for 14 years. An economy with weak productivity and investment. A country in need of urgent modernization to meet the challenges of an unstable world.

But I wouldn't offer that as an excuse. I expect to be evaluated according to my ability to handle this problem. Politics is always a choice. Now is the time to choose a clear path, embrace the harsh realities of financial reality, and come together for a credible long-term plan. Now it's time for us to move on to difficult decisions. Because if we ignore that decision, we enter the path of decline. It was time for us to ignore the populist chorus of easy answers. I will never go back to that again.

The Prime Minister will say it is in everyone's interest to build a foundation of stability and investment as he sets out an economic plan to stimulate growth across the country.

If people want to criticize the path we have chosen, that is their prerogative. But let them explain the other way around. If you think the country has become too big, let workers tell you which public services they want to cut. If you don't think our long-term investments in infrastructure are necessary, let workers explain how they can grow the economy.

This is an economic plan that will change the long-term trajectory of UK growth for the better.

We are solving the economy's biggest challenges. More investment is addressing this. Planning was reforming it. The labor market not only put people back to work, but also paid them wages for their work. Competition was eliminating unnecessary regulations that hindered growth and private investment. And all of this is built on a foundation of economic stability.

This is what it means to get the foundations right and deliver change. Everyone in this country will benefit from this. Everyone can wake up on Thursday and understand that a new future, a better future, is being built.

Sources

1/ https://Google.com/

2/ https://www.gov.uk/government/news/pm-governments-first-budget-will-invest-in-britains-future

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