Prime Minister Keir Starmer has thrown open the door to the potential of increased public spending in the upcoming Autumn Budget.
Speaking to broadcast media during a visit to New York, where he is attending the United Nations General Assembly meetings, Starmer told Channel 4 News that he has "long believed in borrowing to invest", which acts as a "catalyst" for private investment. He prefaced that he was not "going to get ahead of the Budget" but clarified that "there is a difference between the day-to-day spend and investment". Rachel Reeves pledges 'no austerity' but warns of 'tough decisions' ahead In an interview with ITV, Starmer said that "where there is public investment […], that is a trigger for p...
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