https://www.morningstaronline.co.uk/article/b/starmer-offers-more-austerity-pain-for-britain

Labour ‘won’t turn on spending taps’ leader says in speech to woo big business 

AUSTERITY is Labour’s economic agenda, … Keir Starmer announced today in a further lurch to the right.

A Labour government will not “turn on the spending taps,” the Labour leader said in remarks aimed at appeasing the City and the Treasury.

He acknowledged that public services are “on their knees” but offered little prospect of getting them back on their feet again.

… Keir has prioritised bringing down debt and has vowed not to increase taxes on business or the wealthy, leaving himself no room to repair the damage wrought by 15 years of capitalist crisis.

This latest dilution of Labour’s plans for government came just a day after Sir Keir went out of his way to praise former Tory prime minister Margaret Thatcher for shaking Britain out of its “stupor.”

A Momentum spokesperson said today that “these are deeply worrying remarks from Keir Starmer.

“Instead of laying out a popular alternative based on public ownership and public investment, the Labour leadership is adopting the Tories’ failed economic approach.

“Starmer’s stance isn’t just out of touch with Labour members and voters — but with the public too.”

…

https://www.morningstaronline.co.uk/article/b/starmer-offers-more-austerity-pain-for-britain