UK’s Starmer seeks business backing, 100 days into office

ONE hundred days into office, the new UK government has already had some setbacks. However, Downing Street sought to get on the economic front foot on Sunday (Oct 13) and Monday with events at the UK Investment Summit in London ahead of the big Oct 30 budget.

The end-of-month fiscal event is shaping up to be the most important UK budget since at least the emergency fiscal statement in 2010 of the new Conservative government of then prime minister David Cameron. Moreover, it may even prove as politically decisive as the early budgets of the Conservative government of Margaret Thatcher in the early 1980s.

Recognising the importance of the big occasion ahead, Keir Starmer’s Labour government has begun its political choreography for the event.