Putting wealth creation at the heart of the party's plan for government, Starmer said the manifesto was a rejection of a defeatist approach to the economy which suggested the only levers were tax and spend, rather than growth. The way we create wealth is broken, he told an event in Manchester.
Paul Johnson, director of the Institute for Fiscal Studies thinktank, said Labour was part of a conspiracy of silence along with the other main parties on the scale of the fiscal challenge and spending cuts to come. Delivering genuine change will almost certainly also require putting actual resources on the table, he said.
Starmer was later asked when his government would be able to deliver growth. As soon as possible. I'm not going to put a date on it, he said. He admitted that the challenges faced by Britain would not disappear overnight under a Labour government and he did not have a magic wand.
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