Good morning. Is Keir Starmer a Thatcherite? That’s the question Labour would like you to be asking yourself this week. Or maybe not you, precisely. By inserting a line of praise for the former prime minister in a Sunday Telegraph column – she “sought to drag Britain out of its stupor by setting loose our natural entrepreneurialism”, he said – Starmer is once again declaring where he intends to focus his party’s energies ahead of the next election. A set of voters who supported the Conservatives in 2019 are still, it seems, making their minds up about Labour. If Starmer can convince that fabled demographic of his rectitude, the argument goes, he’ll enter Downing Street with a majority.
Quite how many undecided punters view the Thatcher years as a halcyon age is another matter. In any case, Starmer doubled down on that approach yesterday, in a speech at an event run by economics thinktank the Resolution Foundation. “Anyone who expects an incoming Labour government to quickly turn on the spending taps is going to be disappointed,” he said. And he warned that relying on spending to create growth is “a habit the Labour party has had for a long time”.