demonstrated across a range of fronts that we’re a government that just is getting on with getting things done and that includes on growth

Fiscal discipline is the bedrock of our UK economic stability and national security, which is why we are committed to meeting our fiscal rules, with a buffer against global uncertainties.

We are cutting the deficit faster than any other G7 economy, while giving people a bit of breathing space with cost of living pressures and focusing support to get young people into work.

As the new chancellor, John Healey, weighs the price of energy support for struggling households, however, he will have to contend with higher borrowing costs.

We have cut VAT on electricity bills and capped bus fares at £2 - to give breathing space to those feeling the strain.

This is an active, hands-on government, putting British interests first – giving breathing space to those feeling the strain, making our country more resilient and bringing hope back.

We’ve seen the fastest growth in the G7 this year, but we now need to double down and drive growth in every postcode.

I know people are worried about the impact of the conflict in the Middle East on their cost of living, which has been too high for too long and it has added pressure on British businesses.

I will oversee strong fiscal discipline

I am confident Labour can honour a commitment to increase defence spending and make the decisions that allow us to set out a long-term plan to make our forces better equipped to fight and to deter the threats we face.

Conflict and uncertainty increases inflation, threatens growth and pushes up costs for businesses and governments alike.

But it also threatens our economic security: impacting the family finances of millions of British people.

The conflict affects our national security, our UK bases, personnel and allies in the Middle East.

What we can do is be an active, hands-on Government that puts British interests first – giving breathing space to those feeling financial strain and making our country more resilient so we can better weather these shocks in the future.

Being frank, we can’t completely stop the squeeze that families and businesses will feel with a global shock of this scale.

We’ll be watching closely for any suggestions that customers are being taken for a ride at the pump or the till.

“At the spending review, we will set out a clear path to meeting our 3.5 per cent Nato commitment in 2035 and we will set a target date on that path for 3 per cent,”

“We’ve written to the cabinet to say that if we’re serious about new priorities as a second-stage Labour government we have to be serious about – and they have to be serious about – reprioritisation of their plans, their budgets,”

We have backed British jobs, British skills and British businesses.

And we have provided just a bit of breathing-space for those families and businesses that feel so squeezed, that feel without hope."

This government is working fast to restore hope and back Britain’s communities. In the past two weeks, we have begun to kickstart growth in every postcode. We have backed British jobs, British skills and British businesses."

Now, let's get on with the job.

This is the way we start to build new hope and advance the working people of this country.

It will be built on fiscal discipline. It will meet our fiscal rules. It’ll give businesses and families some of the stability they need to plan for the future. Now, let’s get on with the job."