LABOUR is going back on the “front foot” on the economy, John McDonnell told the Star yesterday after launching a “fiscal credibility rule” requiring the party to eliminate budget deficits.
The plan would require the government to balance the books for day-to-day spending over a five-year period — but allow it to borrow money to finance capital investment.
It has been widely received as Labour’s attempt to claw back voters’ trust on economic issues, which the party has struggled with since the 2008 crash.
The 2025 Budget shores up the PM’s political position with headline-grabbing welfare U-turns, but with no improvements on offer to declining public services or living standards, writes MICHAEL BURKE
Starmer sabotaged Labour with his second referendum campaign, mobilising a liberal backlash that sincerely felt progressive ideals were at stake — but the EU was then and is now an entity Britain should have nothing to do with, explains NICK WRIGHT
Under current policy, welfare cuts are just a small downpayment on future austerity, argues MICHAEL BURKE


