Labour's economic plan will take years to deliver, Keir Starmer says

"By delivering a big, bold long-term plan, not a set of quick fixes, we will renew Britain. We must become again a serious people, with a serious government, capable together of doing difficult things to regain control of our future. By having a clear mission to renew our economy, our communities and our state we will deliver the change we promised and then be judged on it at the next election."

"Starmer's comments form part of a broader intervention designed to bolster his and Reeves's position after days of arguments about whether the chancellor had needed to put up taxes to their highest levels on record. The Conservatives have called for Reeves to resign over accusations she misled voters when she warned about the impact of lower growth forecasts by the Office for Budget Responsibility (OBR)."

Keir Starmer said Labour's economic plan will take years to deliver in full and urged judgment at the end of the parliament. He defended Chancellor Rachel Reeves's decision to impose £26bn of tax rises and framed the approach as a big, long-term plan rather than quick fixes. The Conservatives have called for Reeves to resign amid accusations she misled voters over OBR growth forecasts. Starmer plans a speech outlining a multiyear economic strategy focused on deregulation, further welfare reform, easier infrastructure delivery, and closer ties with Europe while rejecting both increased borrowing and austerity.

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