UK PM Keir Starmer Pledges Public Sector Reforms to Revive Economy

British Prime Minister Keir Starmer delivered a speech on public sector reform, reaffirming his commitment to accelerating economic growth and overhauling government services in 2024. His remarks come after Labour’s first budget failed to improve growth forecasts and triggered a two-day decline in government bond prices. Starmer emphasized the need for efficiency and modernization within the public sector, aiming to restore confidence in his administration’s economic strategy. The reforms are part of Labour’s broader plan to stimulate investment and strengthen public services amid economic headwinds.