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Starmer Defends Labour's £26 Billion Budget Amid Controversy

11/28/2025

Summary

Story summary

Keir Starmer, Labour leader, defended Labour's budget, saying it asks everyone to contribute fairly and raises £26 billion in taxes.
Starmer refused to apologise for scrapping the two-child cap.
Reeves, the chancellor, said the budget would grow the economy and taxes would be minimal.
Mel Stride, the shadow chancellor, argued the budget would increase welfare dependency.
The Treasury reportedly sought positive feedback from banks regarding the budget.

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Story summary

Keir Starmer, Labour leader, defended Labour's budget, saying it asks everyone to contribute fairly and raises £26 billion in taxes.
Starmer refused to apologise for scrapping the two-child cap.
Reeves, the chancellor, said the budget would grow the economy and taxes would be minimal.
Mel Stride, the shadow chancellor, argued the budget would increase welfare dependency.
The Treasury reportedly sought positive feedback from banks regarding the budget.