John Cassidy writes on the Labour Party leader’s speech at the annual Party conference this week, in which he laid out plans to rebuild the U.K.
A recent poll average showed Labour leading the Conservatives, who have been the primary governing party in Britain since 2010, by seventeen points. Under the British system, Prime Minister Rishi Sunak can call an election for any date between now and January, 2025, and commentators are flagging next May or October as likely options. The main theme of Starmer’s speech was that Labour, after thirteen years out of power, is ready to take charge and has workable plans to get the country going.
On the policy front, Labour rowed back on some of its previous spending pledges, and the shadow Chancellor, Rachel Reeves, a former Bank of England economist, promised that a Labour government would adhere to strict fiscal rules, including a pledge to reduce the national debt as a percentage of G.D.P.
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