Sir Keir Starmer is to gamble on tens of billions more in tax and borrowing to invest to build a “new future” for Britain.
In a keynote speech just days before the Budget, the Prime Minister was set to brace the nation for the “harsh light of fiscal reality” which will see a string of tax rises and Chancellor Rachel Reeves loosening her debt fiscal rule to go on a borrowing spree to invest in crumbling public infrastructure.