Keir Starmer will only prioritise policies that can strengthen UK economic growth

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Prime Minister Keir Stama tried to ease fears that the upcoming budget would hamper the economy's momentum
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insisting that he would not sanction any policies that inhibited economic growth
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Speaking in Italy, Stama stressed that stimulating economic growth was his number one priority
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despite the government's gloomy mood music. Discussing policies under consideration, Stama said
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if it promotes economic growth, it's in the yes column. If it is inhibiting growth, it's in the no column
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Still, the Prime Minister said that the government's initials, focus would be to address the alleged 22 billion black hole left by the Conservatives
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This would help ensure economic stability. Stama said, I believe stability is vital for economic
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growth. We aren't going to get economic growth if we don't stabilise the economy. We're going to do
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the really hard stuff now. Stama's comments come amid concerns that Labor's rhetoric has been overly
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negative since entering office, with repeated warnings of a dire fiscal inheritance and difficult
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decisions looming in October's budget. is reportedly considering a number of tax rises to help address the parlous state of the public finances
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including a hike to capital gains tax, which many in the city argue would have huge consequences for economic growth
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Economists at Goldman Sachs expect Reeves to raise taxes by at least $20 billion in the budget
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Business leaders are also worried about the potential implications of a government's workers' rights package
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which some have warned could put firms off hiring. Nothing is confirmed yet, but business leaders will be anxious about what the budget might include
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We here at City AM would like to know what are your predictions for the October budget
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Let us know in the comments below

Keir Starmer will only prioritise policies that can strengthen UK economic growth

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Keir Starmer will only prioritise policies that can strengthen UK economic growth

cityam.com