Sir Keir will deliver a speech later today in which he will say the Budget on Wednesday will embrace the “harsh light of fiscal reality” but “better days are ahead”. Labour's economic plans will not cause mortgage rates to spike, the Prime Minister also insisted this morning. It comes after Rachel Reeves, the Chancellor, was warned that her plan to change debt rules to allow more borrowing for investment could spook the financial markets and result in interest rates staying higher for longer. Read more: #starmer #budget #ukpolitics
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