PM warns of 'harsh light' of reality ahead of Budget

Quick Summary:

In a major speech ahead of Wednesday's Budget, Sir Keir Starmer will warn of "unprecedented" challenges.

The government is also looking at increasing tax on asset sales, such as shares and property, as well as changing its own self-imposed rules on how its debts are measured in order to free up money for spending on infrastructure projects.

The Conservatives have accused Sir Keir of running a government of "broken promises".

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Article Details

Author / Journalist: BBC News

Category: Business

Markets: United Kingdom

Topics: Insurance Reeves Expected Employers Keir Chancellor Government Rachel National Budget

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 07:29:10 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23281331

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 6 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 17 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

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News Language: English

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Publisher ID: #43

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