Sir Keir Starmer will on Monday vow that this week’s Budget will “embrace the harsh light of fiscal reality” to move Britain off a path of decline, but he is facing growing criticism that planned tax rises will hit the “working people” he has pledged to protect.
In a speech before the fiscal event on Wednesday — the most important moment of his premiership so far — Starmer will promise long-term reforms and investment alongside tax rises and spending cuts to stabilise the public finances.
“It’s time we ran towards the tough decisions,” he will say, adding that the UK needs to “embrace the harsh light of fiscal reality so we can come together behind a credible, long-term plan”.
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