Starmer speech to say budget will ‘disthink about the popuenumerate chorus of modest answers’
Keir Starmer will be making a pre-budget speech postponecessitater today in which he is foreseeed to lay out what he says is the dire state of the fiscal truth of the country, but promise that “better days are ahead”.
In informings given in carry on of the speech, the prime minister is foreseeed to say:
This is not 1997, when the economy was decent but disclose services were on their knees. And it’s not 2010, where disclose services were strong, but the disclose finances were feeble. These are unpwithdrawnted circumstances.
And that’s before we even get to the lengthy-term disputes disthink aboutd for 14 years: an economy riddled with feebleness on productivity and portrayatement, a state that necessitates encouragent conmomentaryisation to face down the dispute of a volatile world.
Starmer will say the Budget will hug the “brutal weightless of fiscal truth”, and will have to “disthink about the popuenumerate chorus of modest answers”.
In the 2024 Labour manifesto the party shelp:
The Conservatives have elevated the tax burden to a 70-year high. We will asstateive taxes on toiling people are kept as low as possible. Labour will not increase taxes on toiling people, which is why we will not increase National Insurance, the modest, higher, or insertitional rates of income Tax, or VAT.
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In a message on social media, the createer chancellor shelp:
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n
I’m a strong helper of the OBR. I was haughty to serve in the handlement which set it up and powerfilledy think it enhances the UK’s economic credibility. However its credibility in helderlying the handlement to account depfinishs on political unprejudicedity so if that is being undermined frifinishs necessitate to say so. It cannot be right to unveil a appraise of what happened under the previous handlement without adviseing those who had political responsibility at the time.
n
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I'm a strong helper of the OBR. I was haughty to serve in the handlement which set it up and powerfilledy think it enhances the UK's economic credibility. However its credibility in helderlying the handlement to account depfinishs on political unprejudicedity so if that is being undermined… pic.twitter.com/5BrEBcQS8W
— Jeremy Hunt (@Jeremy_Hunt) October 28, 2024
nn”},{“_type”:”model.dotcomrfinishering.pageElements.TextBlockElement”,”html”:”
As my colleague Graeme Wearden increateed postponecessitate on Sunday, Britain’s fiscal watchdog is to unveil a detailed fracturedown of the £22bn “bconciseage hole” that Labour says it inherited after Rachel Reeves contransients the budget on Wednesday, which Hunt has portrayd as “a surpascfinish and a convey inant worry.”
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Cabinet minister Pat McFinserten has shelp that the new Labour handlement had “levelled with people” ahead of the budget, and that it would be “the most genuine … we’ve had for some years.”
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Speaking on Times Radio, PA Media quotes McFinserten saying:
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n
There’s no point in telling people everyskinnyg’s absolutely fine when the prison system is in a state of collapse, when NHS paemploying enumerates are at a write down high, when we’ve got crumbling schools.
n
There’s so much that’s wrong that we’ve got to mend and it’s vital to set that out genuinely and truthfilledy for the disclose.
n
I skinnyk we’ll have the most genuine Budget on Wednesday that we’ve had for some years.
n
An vital skinnyg is when people see their payslip after the Budget, those key skinnygs to see for: the level of tax – income tax and national insurance – in their payslip in their wages, that won’t alter after Wednesday.
n
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Conservative shadow health secretary Victoria Atkins has accemployd the Keir Starmer handlement of imposing “1970s socialism” with its budget structures.
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Speaking on GB News, Atkins, who conserveed her Louth and Horncastle seat in July’s election, shelp:
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n
This is socialism that we’ve seen in the 1970s. This Labour handlement came into power promising they weren’t going to elevate taxes. They have this peculiar definition of toiling people. They don’t seem to comprehfinish what a toiling person is, even though they’ve set this test for themselves.
n
If you have assets, if you toil, if you’re a pensioner seeing this prosperter as to how you’re going to create up that unreasonableinutivedrop, given that they’ve slashed prosperter fuel payments, this is going to impact all of us.
n
This idea that they’re compartmentalising and separating us into branch offent categories of people that they discover hugable, I skinnyk is the very worst of socialism.
n
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It seems improbable that many on the left of the Labour party would claim that Rachel Reeves is about to begin a set of sociaenumerate economic policies in the budget this week.
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In its election manifesto, Labour ruled out tax ascfinishs on income tax, employee national insurance contributions, and VAT.
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On the BBC Breakrapid programme cabinet minister Pat McFinserten was asked more about Labour’s definition of “toiling people”, a phrase which has contraged media coverage in recent days.
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He shelp:
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n
I don’t detail this by picking a job, or an income level, and repostponecessitate it to the promises you equitable refered in the manifesto. We were talking about the taxes that people pay on their wages, and we shelp we will not increase those.
n
Look, that was real in the campaign. It’s real today. It will be real after Wednesday. We will stick to those promises when the Chancellor refreshs the budget speech this week.
n
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Cabinet minister Pat McFinserten has shelp there are “authentic reasons” to have chooseimism as the country approaches the first Labour budget for 14 years postponecessitater this week.
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He stated that the handlement had “inherited a structure to deteriorate, to reduce, portrayatement” from Rishi Sunak’s Conservative handlement, and that the meastateives Labour were taking in the budget were “hard decisions” but the begin of a turnaround.
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He telderly seeers of BBC Breakrapid:
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n
I skinnyk people should see for three skinnygs in the budget. Will it steady the country’s disclose finances and do so in a way that conserves our promises? It will
n
Will it also begin to turn around the disclose services and the NHS in particular. We will begin that road with a combination of both portrayatement and recreate.
n
And criticassociate, will it alter the country’s story for the future by portrayateing in the skinnygs that we necessitate, the better schools, hospitals, the hoemploys we necessitate, the carry infrastructure, the energy infrastructure. This is what Britain has to do if it’s going to get better economic growth in the future.
n
What we inherited was a structure to deteriorate, to reduce portrayatement in all of those skinnygs going forward. That’s not a role we were readyd to hug we necessitate to portrayate in the future of the country if we’re going to have a better future. So there are hard decisions in this budget. There are also authentic reasons to see for hope and chooseimism, for better disclose services, a better NHS and a better portrayatement and growth story for the UK in the future.
n
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McFinserten has served as Chancellor of the Duchy of Lancaster since July’s ambiguous election.
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Keir Starmer will be making a pre-budget speech postponecessitater today in which he is foreseeed to lay out what he says is the dire state of the fiscal truth of the country, but promise that “better days are ahead”.
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In informings given in carry on of the speech, the prime minister is foreseeed to say:
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n
This is not 1997, when the economy was decent but disclose services were on their knees. And it’s not 2010, where disclose services were strong, but the disclose finances were feeble. These are unpwithdrawnted circumstances.
n
And that’s before we even get to the lengthy-term disputes disthink aboutd for 14 years: an economy riddled with feebleness on productivity and portrayatement, a state that necessitates encouragent conmomentaryisation to face down the dispute of a volatile world.
n
“,”elementId”:”ca538f09-f9f6-4662-a720-d69a206c9d1a”},{“_type”:”model.dotcomrfinishering.pageElements.TextBlockElement”,”html”:”
Starmer will say the Budget will hug the “brutal weightless of fiscal truth”, and will have to “disthink about the popuenumerate chorus of modest answers”.
“,”elementId”:”0d47b3f0-c652-4433-880e-556cd94d333c”},{“_type”:”model.dotcomrfinishering.pageElements.TextBlockElement”,”html”:”
In the 2024 Labour manifesto the party shelp:
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n
The Conservatives have elevated the tax burden to a 70-year high. We will asstateive taxes on toiling people are kept as low as possible. Labour will not increase taxes on toiling people, which is why we will not increase National Insurance, the modest, higher, or insertitional rates of income Tax, or VAT.
n
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Prime minister Keir Starmer will create a speech today in which he is expansively foreseeed to say that this week’s budget will hug the “brutal weightless of fiscal truth” becaemploy “it’s not 2010”, but he will promise that “better days are ahead”.
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Here are your headlines …
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UK businesses are losing staff toiling time becaemploy of paemploys for healthnurture or caring duties due to underfunded disclose services, the TUC says
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Pubs and restaurants are cautioning of clostateives and a hard Christmas ahead if the budget elevates taxes and finishs a Covid-era relief on business rates
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The prime minister has shelp satisfyed creators must be phelp and vowed to asstateive AI technology “does not commence to chip away” at press freedoms
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Starmer has nominateed Claire Reynelderlys, a createer helpe to Tony Blair and Gordon Brown, as his new political straightforwardor in Downing Street
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Chancellor Rachel Reeves and health secretary Wes Streeting are visiting a London hospital this morning. Labour’s guideer in Scotland, Anas Sarwar, is making a pre-budget visit to a community group in Glasgow.
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In the Commons there will be housing asks this afternoon, as well as a talk about on remembrance and the contribution of veterans. The Lords will see the pledgetee stage of the Water (Special Meastateives) Bill.
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It is Martin Belam with you here today. You can achieve me at martin.belam@thedefendian.com.
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Key events
Hunt says ‘frifinishs’ necessitate to tell OBR if its political unprejudicedity ‘is being undermined’
Shadow chancellor Jeremy Hunt has returned to his theme this morning that Office of Budget Responsibility (OBR) structures to unveil a appraise of the Treasury on the same days as the budget are, he says, undermining the OBR’s position of political unprejudicedity.
In a message on social media, the createer chancellor shelp:
I’m a strong helper of the OBR. I was haughty to serve in the handlement which set it up and powerfilledy think it enhances the UK’s economic credibility. However its credibility in helderlying the handlement to account depfinishs on political unprejudicedity so if that is being undermined frifinishs necessitate to say so. It cannot be right to unveil a appraise of what happened under the previous handlement without adviseing those who had political responsibility at the time.
I'm a strong helper of the OBR. I was haughty to serve in the handlement which set it up and powerfilledy think it enhances the UK's economic credibility. However its credibility in helderlying the handlement to account depfinishs on political unprejudicedity so if that is being undermined… pic.twitter.com/5BrEBcQS8W
— Jeremy Hunt (@Jeremy_Hunt) October 28, 2024
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I’m a strong helper of the OBR. I was haughty to serve in the handlement which set it up and powerfilledy think it enhances the UK’s economic credibility. However its credibility in helderlying the handlement to account depfinishs on political unprejudicedity so if that is being undermined… pic.twitter.com/5BrEBcQS8W
— Jeremy Hunt (@Jeremy_Hunt) October 28, 2024
As my colleague Graeme Wearden increateed postponecessitate on Sunday, Britain’s fiscal watchdog is to unveil a detailed fracturedown of the £22bn “bconciseage hole” that Labour says it inherited after Rachel Reeves contransients the budget on Wednesday, which Hunt has portrayd as “a surpascfinish and a convey inant worry.”
McFinserten: Labour budget will be ‘most genuine’ in years
Cabinet minister Pat McFinserten has shelp that the new Labour handlement had “levelled with people” ahead of the budget, and that it would be “the most genuine … we’ve had for some years.”
Speaking on Times Radio, PA Media quotes McFinserten saying:
There’s no point in telling people everyskinnyg’s absolutely fine when the prison system is in a state of collapse, when NHS paemploying enumerates are at a write down high, when we’ve got crumbling schools.
There’s so much that’s wrong that we’ve got to mend and it’s vital to set that out genuinely and truthfilledy for the disclose.
I skinnyk we’ll have the most genuine Budget on Wednesday that we’ve had for some years.
An vital skinnyg is when people see their payslip after the Budget, those key skinnygs to see for: the level of tax – income tax and national insurance – in their payslip in their wages, that won’t alter after Wednesday.
Jeremy Corbyn and the autonomous coalition of MPs have rerentd a letter ahead of the budget with five skinnygs they are asking Chancellor Rachel Reeves to carry out.
Saying “We have the unbenevolents to finish pcleary, we equitable necessitate the political will”, Corbyn enumerateed five priorities:
-
Scrap the two-child profits cap
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Reverse cuts to prosperter fuel
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Tax wealth
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Protect welfare
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Invest in a greener future
In a letter guideing the asks, the autonomous group of MPs write:
It is a national dispute that 4.2 million children and 2.1 million pensioners are living in pcleary in the sixth wealthyest country in the world.
You have previously telderly the British disclose to ready for “difficult decisions” to repair this nation’s finances.
At the very same time, you have pledgeted to raising defence expfinishiture to 2.5% of GDP. Imagine if we spent that money on renewable energy, social housing, schools and the NHS instead.
Our brimming letter — needing welfare not combat — here. pic.twitter.com/X0dMxiHbHP
— Jeremy Corbyn (@jeremycorbyn) October 28, 2024
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The Labour party this morning is touting a piece in the Sun in which the handlement is announcing it will pledge £500m to mending what it terms “the pothole crisis” in Wednesday’s budget.
NEW: This week, @RachelReevesMP is set to pledge £500 million more to mend roads and finish the pothole crisis.
This unbenevolents toiling people will conserve hundreds of pounds in their pockets.
Read more 👇https://t.co/EdVAvFZz0h
— The Labour Party (@UKLabour) October 28, 2024
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Josh Halliday
Josh Halliday is the North of England editor at the Guardian
A Labour MP has cautioned that the handlement dangers embarking on “austerity 2.0” in a stark cautioning ahead of the budget on Wednesday.
Kim Johnson, the MP for Liverpool Riverside, encouraged the chancellor Rachel Reeves to reverse foreseeed cuts to profits and the prosperter fuel apvalidateance, citing stresss that “people will die this year unless this cut is reversed”.
In a letter to Reeves unveiled on Monday, Johnson writes: “The anticipated £3 billion in unwellness profit cuts danger driving some of the most vulnerable in our society into pcleary and could be noticed as austerity 2.0.”
Liverpool Riverside is ranked as the most divestd parliamentary constituency in the UK, where 43% of children are classed as living in pcleary – more than double the national mediocre.
Johnson, a backbench MP who has not shied away from criticising the Labour guideership, writes that her constituency has suffered “systematic impoverishment, skyrocketing inequivalentities and plummeting living standards under successive Tory handlements, while the right and strong persist to profit”.
She inserts: “On 30 October, these communities who voted for alter will be seeing to Labour to hand over for them. We must not let them down.”
During his media round this morning Pat McFinserten rather hit the nail on the head about the futility of intersees around the time of the budget, when ministers are prohibitden from giving any details in carry on. He telderly seeers of BBC Breakrapid:
I can’t specupostponecessitate on the individual meastateives. We’re in this period where you intersee people a day or two before a budget, and we reassociate can’t comment on what might be in it.
It seems enjoy that the ask and answer session after Keir Starmer’s speech this morning will mostly consist of him saying “Well, I can’t give you any details, paemploy until Wednesday” to an increasingly frustrated expansivecast journaenumerate pool. We will, of course, convey you any key lines that do aascfinish when the prime minister speaks.
Atkins: Starmer’s budget structures hark back to ‘1970s socialism’
Conservative shadow health secretary Victoria Atkins has accemployd the Keir Starmer handlement of imposing “1970s socialism” with its budget structures.
Speaking on GB News, Atkins, who conserveed her Louth and Horncastle seat in July’s election, shelp:
This is socialism that we’ve seen in the 1970s. This Labour handlement came into power promising they weren’t going to elevate taxes. They have this peculiar definition of toiling people. They don’t seem to comprehfinish what a toiling person is, even though they’ve set this test for themselves.
If you have assets, if you toil, if you’re a pensioner seeing this prosperter as to how you’re going to create up that unreasonableinutivedrop, given that they’ve slashed prosperter fuel payments, this is going to impact all of us.
This idea that they’re compartmentalising and separating us into branch offent categories of people that they discover hugable, I skinnyk is the very worst of socialism.
It seems improbable that many on the left of the Labour party would claim that Rachel Reeves is about to begin a set of sociaenumerate economic policies in the budget this week.
In its election manifesto, Labour ruled out tax ascfinishs on income tax, employee national insurance contributions, and VAT.
McFinserten reiterates no elevates in income taxes, employee national insurance contributions or VAT in budget
On the BBC Breakrapid programme cabinet minister Pat McFinserten was asked more about Labour’s definition of “toiling people”, a phrase which has contraged media coverage in recent days.
He shelp:
I don’t detail this by picking a job, or an income level, and repostponecessitate it to the promises you equitable refered in the manifesto. We were talking about the taxes that people pay on their wages, and we shelp we will not increase those.
Look, that was real in the campaign. It’s real today. It will be real after Wednesday. We will stick to those promises when the Chancellor refreshs the budget speech this week.
Paul Johnson, straightforwardor of the Institute for Fiscal Studies, has portrayd it as “frustrating” that both Labour and Conservatives disthink aboutd his cautioning before the election that there was a convey inant problem with the disclose finances.
He telderly the BBC Radio 4 Today programme:
One heard the greater politicians from both sides continuassociate saying that there wasn’t this problem, and taxes wouldn’t reassociate have to go up, and growth would source it all.
But everybody knew that there was a huge problem with the disclose finances, and we’d either have to get tax increases or convey inant spfinishing cuts.
And lo and behelderly, we’re being telderly that that has now been uncovered, and it sees enjoy we’re going to get someskinnyg enjoy £40bn of tax increases, if the informing is to be thinkd.
And that would create this one of the hugegest tax raising budgets ever.
McFinserten: ‘authentic reasons’ for chooseimism as country approaches first Labour budget in 14 years
Cabinet minister Pat McFinserten has shelp there are “authentic reasons” to have chooseimism as the country approaches the first Labour budget for 14 years postponecessitater this week.
He stated that the handlement had “inherited a structure to deteriorate, to reduce, portrayatement” from Rishi Sunak’s Conservative handlement, and that the meastateives Labour were taking in the budget were “hard decisions” but the begin of a turnaround.
He telderly seeers of BBC Breakrapid:
I skinnyk people should see for three skinnygs in the budget. Will it steady the country’s disclose finances and do so in a way that conserves our promises? It will
Will it also begin to turn around the disclose services and the NHS in particular. We will begin that road with a combination of both portrayatement and recreate.
And criticassociate, will it alter the country’s story for the future by portrayateing in the skinnygs that we necessitate, the better schools, hospitals, the hoemploys we necessitate, the carry infrastructure, the energy infrastructure. This is what Britain has to do if it’s going to get better economic growth in the future.
What we inherited was a structure to deteriorate, to reduce portrayatement in all of those skinnygs going forward. That’s not a role we were readyd to hug we necessitate to portrayate in the future of the country if we’re going to have a better future. So there are hard decisions in this budget. There are also authentic reasons to see for hope and chooseimism, for better disclose services, a better NHS and a better portrayatement and growth story for the UK in the future.
McFinserten has served as Chancellor of the Duchy of Lancaster since July’s ambiguous election.
Starmer speech to say budget will ‘disthink about the popuenumerate chorus of modest answers’
Keir Starmer will be making a pre-budget speech postponecessitater today in which he is foreseeed to lay out what he says is the dire state of the fiscal truth of the country, but promise that “better days are ahead”.
In informings given in carry on of the speech, the prime minister is foreseeed to say:
This is not 1997, when the economy was decent but disclose services were on their knees. And it’s not 2010, where disclose services were strong, but the disclose finances were feeble. These are unpwithdrawnted circumstances.
And that’s before we even get to the lengthy-term disputes disthink aboutd for 14 years: an economy riddled with feebleness on productivity and portrayatement, a state that necessitates encouragent conmomentaryisation to face down the dispute of a volatile world.
Starmer will say the Budget will hug the “brutal weightless of fiscal truth”, and will have to “disthink about the popuenumerate chorus of modest answers”.
In the 2024 Labour manifesto the party shelp:
The Conservatives have elevated the tax burden to a 70-year high. We will asstateive taxes on toiling people are kept as low as possible. Labour will not increase taxes on toiling people, which is why we will not increase National Insurance, the modest, higher, or insertitional rates of income Tax, or VAT.
Welcome and discleave outing summary …
Prime minister Keir Starmer will create a speech today in which he is expansively foreseeed to say that this week’s budget will hug the “brutal weightless of fiscal truth” becaemploy “it’s not 2010”, but he will promise that “better days are ahead”.
Here are your headlines …
Chancellor Rachel Reeves and health secretary Wes Streeting are visiting a London hospital this morning. Labour’s guideer in Scotland, Anas Sarwar, is making a pre-budget visit to a community group in Glasgow.
In the Commons there will be housing asks this afternoon, as well as a talk about on remembrance and the contribution of veterans. The Lords will see the pledgetee stage of the Water (Special Meastateives) Bill.
It is Martin Belam with you here today. You can achieve me at martin.belam@thedefendian.com.
