PM: Government's first Budget will invest in Britain's future
Prime Minister Keir Starmer will pledge that his government鈥檚 first Budget will put Britain on a new path, one that chooses long-term growth to put more money in working people鈥檚 pockets and rebuild public services instead of a return to austerity.

- Prime Minister will say government鈥檚 first Budget will fix the foundations to deliver on the promise of change.
- Keir Starmer will reject austerity, chaos and decline in favour of economic stability, investment and reform.
- He will pledge 鈥榖etter days are ahead鈥� with an economic plan that will rebuild Britain and deliver sustainable, long-term investment to put more money in people鈥檚 pockets and deliver stronger public services.
Prime Minister Keir Starmer will today (Monday 28 October) pledge that his government鈥檚 first Budget will put Britain on a new path, one that chooses long-term growth to put more money in working people鈥檚 pockets and rebuild public services instead of a return to austerity.
Setting out the defining and central purpose of the government鈥檚 agenda to protect working people from the dire inheritance, he will say:
鈥淚t is working people who pay the price when their government fails to deliver economic stability. 皇冠体育appy鈥檝e had enough of slow growth, stagnant living standards and crumbling public services. 皇冠体育appy know that austerity is no solution. And they鈥檝e seen the chaos when politicians let borrowing get out of control.
鈥淲e choose a different path: honest, responsible, long-term decisions in the interests of working people. It鈥檚 stability that means we can invest, and reform that will maximise that investment.聽
鈥淪tability, investment, reform. That鈥檚 how we fix the NHS, rebuild Britain and protect working people鈥檚 payslips. Delivering on the mandate of change.鈥�
皇冠体育app Prime Minister will say that the country faces unprecedented challenges after the last government covered up the state of the public finances and crumbling public services:
鈥淲e have to be realistic about where we are as a country. This is not 1997, when the economy was decent but public services were on their knees. And it鈥檚 not 2010, where public services were strong, but the public finances were weak. 皇冠体育appse are unprecedented circumstances.聽
鈥淎nd that鈥檚 before we even get to the long-term challenges ignored for fourteen years. An economy riddled with weakness on productivity and investment. A state that needs urgent modernisation to face down the challenge of a volatile world.聽
鈥淏ut I won鈥檛 offer it as an excuse. I expect to be judged on my ability to deal with this. Politics is always a choice. It鈥檚 time to choose a clear path, and embrace the harsh light of fiscal reality so we can come together behind a credible, long-term plan. It鈥檚 time we ran towards the tough decisions, because ignoring them set us on the path of decline. It鈥檚 time we ignored the populist chorus of easy answers鈥� we鈥檙e never going back to that.鈥澛�
Setting out his economic plan to drive growth across the country, the Prime Minister will say fixing the foundations through stability and investment brings benefits to everyone:聽
鈥淚f people want to criticise the path we choose, that鈥檚 their prerogative. But let them then spell out a different direction. If they think the state has grown too big, let them tell working people which public services they would cut. If they don鈥檛 see our long-term investment in infrastructure as necessary, let them explain to working people how they would grow the economy for them.
鈥淭his is an economic plan that will change the long-term trajectory on British growth for the better.聽
鈥淲e are tackling the biggest challenges in our economy.聽Higher investment 鈥� we鈥檙e dealing with it. Planning 鈥� we鈥檙e reforming it. 皇冠体育app labour market 鈥� we鈥檙e getting people back to work, but also making work pay. On competition, we鈥檙e stripping out the needless regulation that holds back growth and private investment. And all of this built on that foundation, economic stability.聽
鈥淭his is what fixing the foundations and delivering change means. Everyone in this country will benefit from this. Everyone can wake up on Thursday and understand that a new future is being built, a better future.鈥�