and Keith Starmer will promise “national renewal” if Work wins the next election while trying to prove his own side can be familiar with Britain‘s finances.
He will tell Labor’s annual London Conference this weekend that he “wants to be brutal reformbut caution that the party is not afraid to “pull the brakes” on policies that threaten economic stability.
The Labor leader is expected to tell deputies: “The lesson of the past year is a grim one. Control the losses economyAnd his enterprises and working people paying the bill.
We can’t let that happen, even if it puts the brakes on things – good Labor things – that we might want to do in power.
“We must be courageous in reform, reconstruction and national renewal. That is what the British people expect from a Labor government – and we will deliver.”
Sir Keir will recognize the huge economic burden the next government is likely to inherit.
Britain’s national debt runs into the trillions and government borrowing reached £27.4bn last month, up £16.7bn year-on-year and the highest monthly figure for December since records began in 1993 .
Sir Keir will add: “Despite all the challenges we face, I remain optimistic about our future. I believe in our country, I believe in our companies, I believe in our people, I believe in our spirit.”
Sadiq Khan is expected to suggest that economic instability has hit Londoners particularly hard.
The mayor will use the conference to kick-start Labor’s campaign to see him re-elected to a historic third term.
“London gave me the opportunity to go from growing up on a council estate to becoming mayor of the greatest city in the world,” he will say.
“I was brought up to believe that if you work hard, you get a helping hand and you can achieve anything, but that basic agreement – what I call the London Promise – is under serious threat.
“Economic forces are rapidly eroding expectations that the next generation will be better off than the last.”