Labour Has No Choice But to Break Its Promises
There is no world in which Keir Starmer meets all the commitments he’s made. But he can still make clear what his priorities are and why.
Tough decisions.
Source: Bloomberg
Most governments, of whatever political stripe, would agree there’s never enough money to go around. It’s a problem that’s particularly acute for UK Prime Minister Keir Starmer as he prepares to launch the results of his year-old administration’s “comprehensive spending review,” setting out budgets for each department for the next few years.
Starmer’s team not only lacks the funds to deliver what they’d like to do during their time in power, they don’t have the money to do what they’ve already committed to. Something has to give, and Chancellor of the Exchequer Rachel Reeves will ultimately need to do at least one of three things: slash spending, raise taxes or increase borrowing. Right now, she’s not being clear which. Voters deserve at least a vague understanding of what tough decisions need to be made.