PM to warn of 'harsh light' of reality ahead in Budget

Published On Oct 28, 2024, 3:29 AM

In a speech ahead of the upcoming Budget announcement, UK Prime Minister Sir Keir Starmer has warned of significant economic challenges facing the country, including weak public finances and deteriorating public services. The government plans to implement tax hikes, particularly affecting employers' National Insurance contributions, which has raised accusations from opposition parties of breaking previous promises not to increase taxes on working individuals. Starmer aims to confront these tough fiscal realities while expressing optimism for the future.