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Monday, August 4, 2025
WorldKeir Starmer: Tories have lost control of the economy

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Keir Starmer: Tories have lost control of the economy

As he unveiled a range of Labour plans to address the rising cost of living, Sir Keir Starmer accused the government of losing control of the economy.

As he delivered the Labour conference speech, the party’s leader said the Conservatives gave acted irresponsibly in a “spectacular fashion”.

“We’re determined to reduce debt as a share of our economy,” he said.

“Every policy we announce will be fully costed, and we will set up an Office for Value for Money to make sure public spending targets the national interest.”

During his speech, Starmer pledged to set up a publicly-owned “Great British Energy” company within the first year of a Labour government.

He also said Labour help first-time buyers with a new mortgage guarantee scheme and will reform planning, so speculators can’t stop communities from “getting shovels in the ground”.

“Labour is the party of homeownership in Britain today, ” he said.

Starmer added that Conservatives have made a mess of public services.

He said it will take investment to fix the problem, and he will recruit, train and motivate doctors, nurses, teachers, and police officers

 

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