Labour’s central economic pledge is to secure the highest sustained growth in the G7 and in turn bring good jobs, productivity growth, and opportunity to every part of the country while delivering on a new industrial strategy and plans for a greener economy.
These ambitions cannot be achieved without sustained investment in research and development (R&D). However, as Labour preaches fiscal prudence in all it does the party has a difficult task to reconcile a small budget envelope with big ambitions for the country.
Starmer delivered his new year’s address from the National Composites Centre at the Bristol and Bath Science Park. This was Starmer’s third visit to the Centre which is part of the UK’s Catapult Network and a subsidiary of the University of Bristol.
The thrust of Starmer’s speech was that a vote for the Labour Party is a vote for “national renewal”. This renewal is a break from fourteen years of Conservative government, a commitment to a “lighter politics,” and a promise to prosecute those that have become engorged through the misappropriation of public funds.