UK PM Keir Starmer warns of painful October budget amid economic and societal crises.
UK PM Keir Starmer warns October budget will be painful, as the country faces economic and societal crises. The government's inherited challenges necessitate action and a change in approach. Starmer implies that those with broader shoulders should bear the heaviest burden, suggesting some short-term hardships for long-term benefits. The GBP/USD exchange rate rose 0.34% following his comments.
August 27, 2024
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