Sep 15, 2024, 12:00 AM
Sep 15, 2024, 12:00 AM

Starmer urged to inspire optimism at conference amid investor concerns

Provocative
Highlights
  • City figures warn that the government's negative assessment is affecting private investment needed for economic growth.
  • Starmer plans to balance realism with hope in his conference speech, emphasizing long-term goals for public services.
  • There is a call for a shift in tone to reassure voters and investors about Labour's commitment to addressing the country's challenges.
Story

City leaders and party insiders are urging Keir Starmer to adopt a more optimistic tone in his upcoming Labour conference speech, as concerns grow that the government's negative outlook is deterring private investment crucial for economic growth. While Starmer acknowledges the serious challenges facing the country, he aims to convey that difficult decisions this autumn will serve a greater purpose, focusing on a long-term plan to rebuild public services and restore trust in politics. The need for a balanced message is underscored by warnings from financial experts that a persistent gloomy narrative could alienate potential investors. Labour insiders expect a shift in tone at the conference, emphasizing the importance of demonstrating to voters that the party is committed to addressing the country's issues without harming the economy. Starmer's approach will reflect a commitment to transparency about the fiscal challenges while also outlining the transformative goals for public services, ensuring that the narrative does not solely revolve around budget constraints. This strategy aims to reassure both the electorate and investors that Labour is serious about enacting change and fostering a stable environment for investment, which is essential for the country's recovery and growth.

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