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regular-article-logo Monday, 04 November 2024

UK PM Keir Starmer to warn of tough times ahead in first Downing Street keynote speech

UK PM Keir Starmer’s speech to caution public on the challenging road ahead after inheriting a “societal black hole” from the Tories

PTI London Published 25.08.24, 03:02 PM
Keir Starmer

Keir Starmer File

British Prime Minister Keir Starmer is preparing for his first Downing Street keynote speech since being elected last month and ahead of Parliament resuming after its summer recess.

According to ‘The Sunday Times’, some members of the public will be invited to the Rose Garden speech on Tuesday in a signal that the Labour Party leader intends to do things differently from his Conservative Party predecessors.

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In keeping with a theme the government has already struck amid major announcements since the July 4 general election, Starmer will caution the public that things will get worse before they can get better due to the state of things his government has inherited after 14 years of Tory leadership.

Excerpts of the speech, which is scheduled a week before the House of Commons resumes, refer to Labour inheriting “not just an economic black hole but a societal black hole”.

“And that is why we have to take action and do things differently. Part of that is being honest with people - about the choices we face. And how tough this will be. Frankly, things will get worse before we get better,” Starmer is expected to say.

The speech will foreshadow the government’s Autumn budget statement, which is widely expected to entail tough new financial announcements on October 30.

The UK PM is expected to say: “When there is rot deep in the heart of a structure, you can’t just cover it up. You can’t tinker with it or rely on quick fixes. “You have to overhaul the entire thing. Tackle it at the root. Even if it’s harder work and takes more time. Because otherwise, what happens? The rot returns. In all the same places. And it spreads.” Taking aim at the Tories — now in Opposition, Starmer will reiterate his Chancellor Rachel Reeves’ previous claim that they discovered a GBP 22 billion “black hole” in the public finances within days of taking charge.

"The OBR (Office for Budget Responsibility) did not know about this. They wrote a letter saying so. They didn't know — because the last government hid it,” Starmer will allege.

The Conservatives have hit back at the government, accusing Labour of poor financial decisions such as rolling back an allowance for senior citizens for their heating bills.

"The soft-touch Labour Chancellor is squandering money whilst fabricating a financial black hole in an attempt to con the public into accepting tax rises, and literally leaving pensioners in the cold,” said Conservative Party chairman Richard Fuller. "The Prime Minister really should tell his Chancellor to reverse course or step in himself to reverse her decision,” he said.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

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