Story perspectives
Labour's Starmer Navigates Poll Struggles and Budget Challenges
9/26/2025
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Story summary
- Keir Starmer, Labour Prime Minister, faces headwinds from polls and policy reversals.
- Chancellor Rachel Reeves must balance party demands with fiscal responsibility for budget.
- The Bank of England plans to slow bond sales amid long-dated yields near multi-decade highs.
- Investors worry Reeves must save £35 billion without destabilizing markets; scrapping two-child benefit cap could add £3.5 billion.
