Let me be clear. I recognise that the cost of business – that’s energy bills, regulation burdens, planning constraints, labour costs – have grown since Covid. And I want to draw the line.
Chancellor's comments on business costs.
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Being frank, we can’t completely stop the squeeze that families and businesses will feel with a global shock of this scale.
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.
We simply can’t deal with the problems we face as a country by maxing out the country’s credit card.
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.
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