As Starmer settles in, new UK government seeks confidence boost to grow slow-moving economy

[LONDON] Just over a fortnight has passed since Keir Starmer and his Labour party swept to power after the Jul 4 general election, and all eyes are on whether the new government will be able to deliver on its promises to grow the economy.

Observers said the key to Labour’s success is whether the people and businesses have a high level of confidence in Starmer and his team to get the job done.

“The upcoming legislation on planning reforms, pension reforms, employment rights, and the creation of (national wealth fund) GB Energy are laudable,” said Mike Brewer, the interim chief executive of the Resolution Foundation, an independent British think tank.