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Thursday, June 19, 2025
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HomeWorldLabour budget to 'fix foundations'. churn 'new path', says UK PM

Labour budget to ‘fix foundations’. churn ‘new path’, says UK PM

PM Starmer pledges long-term growth, investment, and more money for working people.

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New Delhi: Keir Starmer, the Prime Minister of the United Kingdom declared Sunday that his Labour government’s first budget unvieled this week will fix the foundations and invest in the country’s future.

In a statement released by the UK government, Keir Starmer pledged that his government’s first Budget will put Britain on “a new path” of long-term growth, investing in public services and putting more money in working people’s pockets, rather than pursuing a return to austerity.

The Prime Minister rejected “austerity, chaos and decline” in favour of “economic stability, investment and reform”, according to a press release from 10 Downing Street. He will set out his economic plan as “a different path” from the previous government, which he will claim has “covered up the state of the public finances and crumbling public services”.

The country is facing “unprecedented challenges”, the PM noted. “This is not 1997, when the economy was decent but public services were on their knees. And it’s not 2010, where public services were strong, but the public finances were weak. These are unprecedented circumstances,” he said.

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