Starmer Pledges to Embrace ‘Fiscal Reality’ in Key Budget (1)

Keir Starmer said his UK government would “embrace the harsh light of fiscal reality,” as his Chancellor of the Exchequer Rachel Reeves prepares to reveal a historic package of tax hikes and extra borrowing in a make-or-break budget on Wednesday.

“It’s time we ran toward the tough decisions, because ignoring them set us on the path to decline,” the prime minister is due to say in a speech Monday, according to remarks pre-briefed by his office. “This is an economic plan that will change the long-term trajectory on British growth for the better.”

Starmer and Reeves are preparing a budget ...