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Kemi Badenoch reveals her 'golden rule' to 'get economy back on track'
Kemi Badenoch pledges half of all savings to deficit reduction with the rest for tax cuts or growth, including doubling apprenticeship funding by cutting university places.
- On Wednesday, Kemi Badenoch will set out a new `golden rule` requiring half of money saved from cuts to reduce the deficit in her Conservative Party conference speech.
- Kemi Badenoch will, on Wednesday, promise to double the apprenticeship budget from £3 billion to £6 billion, paid for by reducing university places by 100,000 and reintroducing caps.
- The Conservative Party says it has identified £47 billion in savings, including £23 billion from welfare, £8 billion from the civil service, and £7 billion from overseas aid, with £9 billion earmarked for new pledges.
- Amid low attendance and defections, party figures observed on Tuesday that 20 Tory councillors left for Reform UK, and Labour Party spokesperson called Badenoch's speech lacking apology and `brass neck`.
- Badenoch's rule targets the UK's £2.7 trillion debt pile, with the Office for Budget Responsibility forecasting PSNB to fall from £137.3bn this year to £74bn by 2029-30 ahead of next year's general election.
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Total News Sources29
Leaning Left5Leaning Right2Center13Last UpdatedBias Distribution65% Center
Bias Distribution
- 65% of the sources are Center
65% Center
L 25%
C 65%
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