Starmer’s economic promises would spell disaster for the UK

Britain is paying a terrible price for two decades of fiscal incontinence. Our borrowing costs have risen to the highest amongst advanced economies. Core inflation (which excludes food and energy) is actually rising. Mortgage costs are spiking as expectations mount that interest rates will be raised once again. Chancellor Jeremy Hunt has conceded he would be comfortable with a recession if it brought down inflation. We have been living beyond our means, and the day of reckoning is here. 

Rishi Sunak has lost any claim of being a ‘safe pair of hands’ at the tiller; all the opposition really needs to do is sit back and watch the Conservatives lose the next general election. Labour now have a 17-point lead over the Tories.

Instead, however, the shadow chancellor went to the United States, cosied up to Joe Biden and pledged a new economic approach that would mirror his profligate administration.