Defiant Keir Starmer hits again over financial system – ‘proof our plan is working’
Keir Starmer has said Labour’s economic plans are working after figures this morning showed that inflation has dropped
Prime Minister Keir Starmer giving a speech in Cardiff (Image: Getty Images)
Keir Starmer has hit back over the state of the economy – insisting the Government’s actions are making a big difference.
The Prime Minister told an audience in Cardiff that Labour’s plan is working as he pointed to falling inflation. He said falling prices in supermarkets and at petrol pumps are easing the cost of living burden.
Appearing alongside First Minister Eluned Morgan at a transport depot in the Welsh capital, the Prime Minister said: “Stabilising the economy has been our number one concern as a Labour government. And we’ve got real evidence now that the plan is working.
“So interest rates have come down six times. That means that mortgages are coming down… And you may have seen this morning that inflation has come down again now to 3%.
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“And it’s scheduled to come down further. That will affect all of you because that’s not just a statistic. That is how much it costs to do things when you’re in the supermarket, when you’re filling up with petrol, all of these things are affected by inflation.
“And as we’re bringing it down, it eases the burden on people because I’m deeply, deeply conscious that wherever you go in Wales, if you ask people, what’s your number one concern, they will almost certainly say the cost of living, making ends meet.”
Mr Starmer has been keen to focus attention on the cost of living as the Government seeks to ease the burden on households across the country. It comes after Nigel Farage’s Reform performed a screeching U-turn by announcing it would re-introduce the two child benefit cap in full if it gets into power. Earlier this month MPs voted to scrap it – a move campaigners say will pull 450,000 children out of poverty.
The Prime Minister posted on X: “Shameful. I’m incredibly proud that this government has scrapped the cruel two child limit. Reform wants to push hundreds of thousands of children into poverty.”
