38 C
Dubai
Wednesday, October 4, 2023
spot_img

Keir Starmer promises spending restraint if elected in the UK

The UK’s opposition leader, Keir Starmer, assured that his party would avoid significant government spending increases to maintain economic stability.

In an article for the Observer newspaper, Starmer emphasized the importance of prioritizing economic stability and mentioned plans for regulatory changes, such as reforming the planning system to boost housebuilding.UK: Sir Keir Starmer is the new Labour Party leader, replacing Jeremy ...

As the UK grapples with rising interest rates and their impact on house prices, Starmer’s letter seeks to connect them to the previous expansionary minibudget passed by interim Prime Minister Liz Truss, which led to a surge in mortgage rates.

With the Bank of England taking measures to combat persistent inflation, effective economic management has become a central concern ahead of the upcoming general election, expected to take place next year.

Next Article

Related Articles

Pakistan to play India in Ahmedabad on October 14 for World Cup

The highly anticipated World Cup clash between India and Pakistan has been rescheduled to take place in Ahmedabad on October 14, instead of the...

Dubai citizens and residents met Sheikh Mohammed in London

His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice-President and Prime Minister of the UAE and the Ruler of Dubai, is renowned for...

Harman equals British Open records, takes commanding lead at Hoylake

Fleetwood's strong start with a 5-under 66 led to a three-way tie for the lead in the afternoon round. The morning wave, including McIlroy,...

Spanish PM lags before debate

Spanish PM Pedro Sanchez is trailing behind his conservative rival in all opinion polls ahead of the only televised election debate.Despite narrowing the gap...

Biden and Sunak talk Ukraine before Nato summit

Joe Biden and Rishi Sunak discuss Ukraine before Nato summit. The US decision to send cluster bombs supporting Volodymyr Zelenskiy sparks concerns among allies....

Latest Articles