What will the Prime Minister in the United Kingdom tell the Labor Party conference?

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British Prime Minister Kiir Starmer touches his glasses during a press conference with US President Donald Trump (uncomfortable) at the White House in Washington, the United States, February 27, 2025.

Brian Snyder Reuters

A British Prime Minister rarely, if it could be the British Prime Minister, can barely year and sit on a huge parliamentary majority, who has gone to the annual party conference with a lot of riding.

However, this is the strange situation that Care Starmer faces this week at the Liverpool Labor Conference. His party, which is largely on its left, overcomes “red meat”, such as getting rid of the cover that restricts the payment of the child’s benefit to the first two children in the family and a more aggressive position towards Israel on the conflict in Gaza.

Two competitors-Green and your party threaten the new car launched by his hard left predecessor, Jeremy Corbin-to take advantage of this vote.

At the same time, opinion polls are leading the Popular Reform Party in Nigel Faraj, which brings together nationalism-as the economy-the aspirations of the big government, reduces votes from both the Labor Party and the right-wing conservatives.

The works, which Starmer premiered before the general elections last year, in a special rebellious mood. His advisor, Rachel Reeves, was unexpectedly hit by an increase of 25 billion pounds in salary taxes in Its first autumn budget As a result, unemployment increases, job jobs decrease and employ depression.

Business bristles

Oil prices did not change a little on Friday, but it was on the right path to pick up a two -week loss chain as hope for immediate peace between Russia and Ukraine faint.

Jean Hakan Dalstrom Stone Gety pictures

Other policies have also sparked irritation of the world of trade. The end of the “non -dom” case left several thousand wealthy business owners and investors who are likely to be exposed to inheritance taxes in the United Kingdom, and many of them have left their consequences already appearing in public financial affairs. Farmers also face higher real estate taxes and small business owners face higher profit taxes.

The specified misery even before the budget. The so -called “Labor Day” at the Labor Conference last year has caused criticism after fees were imposed on £ 3,000 to attend, so that only access to the cabinet ministers will be refused.

So this year’s conference – and his speech today to the party’s believers – is an opportunity for Starmer to transform the page.

Works will need to hear, categorically, that there will be no more sudden tax strikes on them. The banking sector, in particular, needs to reassure that it will not face an additional assumption either in the form of a surprise tax or a decrease in the interest rate that it receives on its deposits at the Bank of England – which was put forward by a number of major workers’ figures, including Gordon Brown, a former prime minister.

Then there is a possibility of some positive surprises. The oil and gas sector has been encouraged through reports that work may reduce its current policy – a ban on new exploration licenses in the North Sea – by allowing a tie tie, and new wells dug in the current licensing areas, which may have the impact of revival activity.

Shoppers walk along the high street in Rochester, the United Kingdom, on Tuesday, July 16, 2024.

Chris Ratcliffe Bloomberg Gety pictures

The pension and investment sector would like to see a promise that there will be no changes in this parliament on the tax system that encourages savings to put funds aside for their aging and allow them to take a broken amount exempt from taxes from their savings.

In the long run, there is an appetite for tax reforms that make the UK economy more competitive.

They were summarized in a deliberate letter to the Financial Times on Monday from Rick Heathornette, President of the Natwitist Group, who wrote: “The dialogue must now turn into simplification tools that can be withdrawn to restore tax progress, support net net revenues in the long run, and makes investment inaccurate, pay the local capital, and manufacture housing liquidity.

Markets watch on

But there is another main circle that will also listen – the bond market.

Last week, Andy Bourneham, the Greater Municipality of Manchester Municipality, made an unhappy stadium of the leadership that exploded in the face when he suggested to Daily Telegraph, the country had to put behind the idea of ​​”being in bond markets.”

This led to Burnham’s comparison with Liz Toss, the former conservative prime minister, who was killed by the short prime minister with a negative reaction to the market on a small budget that suggested lowering taxes and increasing public borrowing. (Tweet Trus itself in response to the suggestions that Bornham could be Liz Trex in favor of “it must be very lucky”).

In her speech on Monday, Reeves seemed directly facing the driving degree from Burnham – which in the past presented two failed leadership bids – by informing the party members that it was “dangerous” to indicate that the government could relax its financial discipline, to remind them that the markets are to lose confidence in the government, the ordinary voters will pay the price in high prices.

British Chancellor Rachel Reeves is speaking to the media before her speech on the second day of the ACC Liverpool Labor Conference on September 29, 2025 in Liverpool, England.

Ian Forseth Getty Images News | Gety pictures

This part of her discourse, in particular, was less applauded by delegates than clips related to spending obligations.

But it will not be surprising to repeat this warning today. The United Kingdom is currently paying, in addition to borrowing from bond markets and anything that the latter can convince that the UK represents less risk that will provide real financial savings.

Haythornthwaite wrote: “A long -term bold plan can start growth. This will reassure debt markets but also provides social benefits that affect the need.

Almost the Prime Minister seemed to be in this process.

The markets like to hear something similar to the actual concern of 10 Download Street today.



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