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    Home»Stories»Starmer says he is ‘proud’ of budget and insists ‘there was no misleading’ by Reeves over public finances – UK politics live | Politics
    Stories

    Starmer says he is ‘proud’ of budget and insists ‘there was no misleading’ by Reeves over public finances – UK politics live | Politics

    spicycreatortips_18q76aBy spicycreatortips_18q76aDecember 1, 2025No Comments10 Mins Read
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    Starmer says he is ‘proud’ of budget and insists ‘there was no misleading’ by Reeves over public finances – UK politics live | Politics
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    ‘There was no deceptive’ – Starmer defends Reeves towards claims she was not trustworthy about about pre-budget state of public funds

    Q: [From Beth Rigby from Sky News] Reeves did mislead individuals as a result of she instructed individuals in regards to the productiveness downgrade with out telling people who different revenues offset that. A cupboard minister instructed me this morning they felt misled.

    Starmer doesn’t settle for that. He says:

    Look, there was no deceptive, and I merely don’t settle for. And I used to be receiving the numbers.

    He says, due to the productiveness evaluate, the federal government had £16bn lower than it in any other case would have finished.

    That evaluate had not been finished for 15 years, he says.

    He says:

    Beginning that train with £16bn lower than we’d in any other case have had – in fact, there have been different figures on this, however there’s no pretending that that’s place to begin …

    To recommend {that a} authorities that’s saying that’s not place to begin is deceptive is flawed for my part.

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    Key occasions

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    The ultimate two questions on the press convention went to “influencers” – Chris Chandler who does Information with Chris on TikTok, and Information ASB Andrew.

    Q: [From Chandler] What reassurance are you able to give households struggling this winter?

    Starmer stated he would guarantee them the federal government helps to maintain payments down this winter. Rail fares and prescription prices are being frozen, and power payments are being minimize, he stated.

    Q: [From Andrew] Will you be clear in regards to the fiscal realities, even when the information is politically inconvenient?

    Starmer stated he had been explaining his selections at present. Hopefully that helped to clarify the method, he stated.

    And that was the tip of the press convention.

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    Starmer declines to say if he expects welfare spending to be falling by time of subsequent election

    Q: To return to the query Chris Mason requested (see 10.52am), do you need to see welfare spending falling by the point of the following election?

    Starmer stated he has two critiques welfare spending. The final authorities “misplaced management of welfare spending”, he stated.

    He defended eliminating the two-child profit cap. And he stated he was struck, visiting a hospital final week, how employees linked poor little one well being explicitly to poverty.

    However he didn’t say whether or not or not he needed total welfare spending to be falling by the point of the following election.

    (On the time of the proposed welfare reforms that needed to be deserted in the summertime, ministers weren’t saying they might result in spending on advantages falling by the point of the following election. However they did say the reforms would cease spending rising as a lot as it might with out them.)

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    Q: Are you confidence Labour MPs will help welfare reform?

    Starmer stated that he noticed this was an ethical query. He repeated his level about being concerned about younger individuals being excluded for good from the office.

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    Starmer claims to be ‘supportive’ of OBR, however says it ought to have printed productiveness evaluate at finish of final parliament

    Q: You’re clearly very offended with the OBR over the timing of its productiveness evaluate. If it doesn’t command your confidence, what’s the level of the OBR?

    Starmer denies being “offended”.

    He says it’s a good factor that critiques like this are carried out.

    However he says it might have been higher if that has been carried out on the finish of the final parliament. He says he feels as if he has been “choosing up the tab for the final authorities’s failure”.

    He says he’s “very supportive” of the OBR.

    However he says the discharge of the funds doc by mistake was “an enormous discourtesy to parliament”.

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    Up to date at 06.15 EST

    Starmer declines to defend OBR’s choice to publish on Friday its pre-budget recommendation to Treasury

    Q: Wasn’t it deceptive for Reeves to speak in regards to the productiveness downgrade when she had been instructed she was heading for a funds surplus? And was it proper for the OBR to disclose on Friday all its recommendation to the Treasury?

    Starmer repeats his level about not accepting the Reeves was deceptive.

    And he says it’s for Richard Hughes, the chair of the OBR, to clarify why he printed these figures.

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    Up to date at 06.09 EST

    Starmer questions why OBR selected to hold out productiveness development evaluate when Labour got here to energy, not earlier than

    Q: [From Christopher Hope from GB News] How can our viewers belief something that you simply say?

    Starmer says the federal government began the funds course of in a foul manner. Having £16bn lower than anticipated was “a really unhealthy beginning place”.

    He queries why the OBR determined to evaluate productivy development when Labour got here to energy, when it had not finished that earlier, however then suggests that’s one thing he simply has to simply accept.

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    Robert Peston, ITV’s political editor, goes subsequent. He says he has lined budgets for 35 years and by no means recognized one this shambolic, aside from Liz Truss’s.

    Starmer defends the funds. The NHS was on its knees when Labour got here in, he says. And he says when he visited a hospital afterwards and stated the federal government was reducing £150 off power payments. Nurses clapped at that time, he says. He says he’s happy with that.

    Q: What are you going to do to enhance hyperlinks with the EU?

    Starmer says he negotiated a reset take care of the EU. And he says a brand new SPS deal ought to minimize meals prices.

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    ‘There was no deceptive’ – Starmer defends Reeves towards claims she was not trustworthy about about pre-budget state of public funds

    Q: [From Beth Rigby from Sky News] Reeves did mislead individuals as a result of she instructed individuals in regards to the productiveness downgrade with out telling people who different revenues offset that. A cupboard minister instructed me this morning they felt misled.

    Starmer doesn’t settle for that. He says:

    Look, there was no deceptive, and I merely don’t settle for. And I used to be receiving the numbers.

    He says, due to the productiveness evaluate, the federal government had £16bn lower than it in any other case would have finished.

    That evaluate had not been finished for 15 years, he says.

    He says:

    Beginning that train with £16bn lower than we’d in any other case have had – in fact, there have been different figures on this, however there’s no pretending that that’s place to begin …

    To recommend {that a} authorities that’s saying that’s not place to begin is deceptive is flawed for my part.

    Share

    Starmer is now taking questions.

    Q: [From the BBC’s Chris Mason] Was Rachel Reeves open in regards to the state of the economic system? And would you like welfare spending to fall?

    Starmer says the productiveness downgrade meant the Treasury wanted to lift £16bn greater than it might have finished with out that.

    He says the federal government was at all times going to have to lift more money.

    At one level he thought they must breach the manifesto promise on tax.

    He asks if there have been options. There have been options, and that didn’t must occur.

    On welfare, Starmer says is especially involved about younger people who find themselves not incomes or studying. He says there an ethical ingredient to this.

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    Starmer then mentions the necessity for welfare reform. (See 9.28am.)

    And he ends by saying it’s essential to admit that the Brexit commerce deal has harmed the economic system. He requires nearer financial ties with the EU.

    Share

    Starmer says he needs to make use of the remainder of his speech to speak in regards to the subsequent steps for financial renewal.

    First, he turns to regulation – and mentions the report from the nuclear regulatory taskforce final week.

    That talked about “pointless gold plating, pointless pink tape, effectively intentioned however basically misguided environmental laws” and stated Britain awas the most costly place on this planet to construct nuclear energy.

    He says he needs the federal government to chop this type of regulation.

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    Starmer says he’s assured UK can ‘beat the forecasts’ on development

    Starmer says the measures within the funds aren’t nearly serving to individuals with the price of dwelling; they’re about giving individuals safety too, he says.

    On development, he says:

    In relation to financial development, higher dwelling requirements, we’re assured we are able to beat the forecasts. We’ve already crushed them this yr.

    We’re answerable for our future. We’ve already struck commerce offers. They’re attracting billions of kilos of funding. We’re eradicating boundaries to enterprise proper throughout the economic system in planning, industrial coverage, pension reform, synthetic intelligence, capital funding and proper on the coronary heart of the funds we’ve a bundle of measures to maintain the inexperienced gentle for the world’s greatest entrepreneurs.

    That’s the reason the funds was good for development, he says.

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    Starmer says Britain has now ‘walked by way of narrowest a part of the tunnel’

    Starmer says Labour had a troublesome inheritance.

    However for those who’d stated to me 17 months in the past, on the primary day of presidency, that by now we’d have minimize NHS ready occasions, minimize immigration, minimize little one poverty by a document quantity, for those who’d stated to me that Britain would now be reducing borrowing quicker than another G7 nation with out reducing public funding, that our fiscal headroom is up considerably, financial development is thrashing the forecast, with wages up extra for the reason that election than in a decade of the earlier authorities …

    Should you’d stated to me, due to all that, we are able to sort out the price of dwelling for working individuals, freezing rail fares, freezing prescription prices, freezing gasoline responsibility, slashing childcare prices, driving down mortgages, taking £150 off your power payments, £300 for poorer households – then I might say sure, that could be a document to be happy with.

    Starmer goes on:

    As a result of we confronted actuality, we took management of our future and Britain is now again on observe.

    However I’m additionally assured we’ve now walked by way of the narrowest a part of the tunnel.

    Share

    Starmer says Labour dominated out reducing spending or elevating borrowing as a result of these choices have been ‘examined to destruction’

    Starmer says on the funds the federal government might have borrowed extra, or minimize public providers.

    However these concepts have been “examined to destruction”, he says.

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    Starmer says he’s ‘proud’ of funds, particularly taking 500,000 kids out of poverty

    Keir Starmer is talking now.

    He says he remembers when he was rising up his household having the telephone minimize off as a result of they may not pay the invoice. So he’s proud the funds took steps to chop little one poverty, he says.

    [Not being able to pay bills] remains to be the truth of Britain for a lot too many individuals.

    So sure, I’m proud. I’m proud we scrapped the two-child restrict. I’m happy with lifting over half one million kids out of poverty. Proud we raised the nationwide minimal wage once more. That’s what a Labour authorities is for – making life higher for working households.

    Share

    Q: Reform would evaluate the triple lock. Would you?

    Badenoch says the triple lock is Conservative coverage. It does value loads, she says. However eliminating it might not assist development, she says. She says you possibly can eliminate it, “and we are able to all get poorer collectively”.

    She says Reform UK don’t have severe insurance policies.

    The true downside with welfare is that not sufficient persons are working, she says.

    Share

    Budget Finances insists live Misleading politics proud public Reeves Starmer
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