Keir Starmer cautions about the necessity for tough yet equitable decisions in the upcoming Budget amidst challenging economic conditions. During a closed-door meeting with Labour MPs, the Prime Minister expressed concerns over the lasting effects of Tory austerity and a flawed Brexit deal, emphasizing a Labour government’s commitment to protecting the NHS and enhancing the standard of living for struggling citizens.

Meanwhile, Chancellor Rachel Reeves faces a significant £20-£30 billion deficit in public finances to adhere to her spending guidelines as she prepares to present the Budget on November 26. Speculation arises following Keir Starmer’s decision not to reiterate Labour’s pledge to shield workers from tax hikes, hinting at a possible income tax increase in the Budget that could contradict the party’s election promises.

Speaking to the Parliamentary Labour Party (PLP), Starmer reassured MPs that the Budget will reflect Labour’s core values by safeguarding public services like the NHS, reducing national debt, and easing the cost of living. Despite the UK’s strong economic performance earlier this year, the Budget is set against a challenging economic backdrop.

Starmer criticized the Tories for their economic management and criticized Nigel Farage’s Reform UK for proposed cuts that could impact the NHS and favor billionaires over low-wage workers. He underscored the need for Labour MPs to remain united and disciplined leading up to the Budget, echoing sentiments shared by senior Labour MP Dame Emily Thornberry about providing input privately to Rachel Reeves for potential budget improvements.