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British Prime Minister Keir Starmer stated that last week’s budget helped maintain market trust—something he described as essential for ensuring stability for both investors and businesses, ultimately supporting future economic expansion.
Speaking on Monday, Starmer defended the financial plan presented by Chancellor Rachel Reeves, responding to criticism that it could result in additional tax burdens and failed to include strong growth-driven measures.
“The best steps we can take to support business and drive growth are, first, to continue pushing inflation down so interest rates can fall further, reducing borrowing costs for business investment,” Starmer said. “Second, we must preserve market confidence, which underpins real economic stability and allows businesses to plan ahead. That is exactly what the country needs at this moment.”
He added that he believes the economy is now positioned to outperform expectations. “Regarding growth and living standards, we are confident we can exceed the current forecasts,” he asserted.
