Labour pledges spending discipline as it reveals possible manifesto policies

Keir Starmer and Rachel Reeves at Labour party HQ earlier this year. Reeves is keen to head off any Tory attacks on Labour over taxation policy. Photograph: Stefan Rousseau/PA

Labour has put “stable public finances and prudent spending” at the heart of its offer for the 2024 manifesto, pledging iron discipline on how new policies are funded.

The party’s new national policy forum document suggests there may be no additional money for sweeping childcare reforms and that there could be a delay to returning to the 0.7% aid target.