Sir Keir Starmer has launched a blistering attack on the Conservative government, warning they're preparing to 'max out the nation's credit card' with reckless pre-election spending that could leave the next administration facing financial ruin.
The Labour leader issued his stark economic warning during a major speech in the West Midlands, where he accused Rishi Sunak's government of planning to 'run the economy into the ground' before the next general election.
Fiscal Responsibility vs Political Gambits
Starmer declared that Labour would resist the temptation to engage in a 'pre-election spending spree' with the Conservatives, insisting his party would maintain fiscal discipline despite trailing in recent polls.
'We will not play that game,' Starmer told his audience. 'We will not make promises that cannot be paid for. The British public have had enough of fairy tales and false dawns.'
Shadow Chancellor Backs Economic Caution
The Labour leader's warning comes as Shadow Chancellor Rachel Reeves prepares to deliver her own economic address this week, reinforcing the party's commitment to financial stability and measured spending.
Starmer emphasised that while Labour would inherit significant economic challenges, they would approach them with 'practical solutions, not empty promises' designed solely for electoral advantage.
Conservatives Face Growing Economic Pressure
The political battle over economic management intensifies as Chancellor Jeremy Hunt faces mounting pressure from within his own party to deliver tax cuts and spending increases ahead of the next election.
Starmer's intervention signals Labour's determination to frame the Conservatives as 'irresponsible stewards' of the public finances, while positioning his party as the adults in the room ready to make tough decisions.
With economic credibility becoming a central battleground for the next election, both parties are preparing for what promises to be a fierce debate over the nation's financial future.