Politics9/9/2025Bloomberg

Starmer Increases Oversight of UK Economic Policy With New Board

Starmer Increases Oversight of UK Economic Policy With New Board

Keir Starmer, the UK Prime Minister, has established a new board to enhance oversight of the country's economic policy. The board, comprising key figures from 10 Downing Street and the Treasury, aims to drive economic growth and maintain positive relations with the business community ahead of a critical budget announcement in the autumn. The move comes as the government faces mounting pressure to address the UK's economic challenges, including high inflation, rising interest rates, and concerns about the cost-of-living crisis. The new board is expected to play a crucial role in shaping the government's economic agenda and ensuring coordination between different government departments. The article highlights the importance of effective economic policymaking and the Prime Minister's efforts to strengthen his control over this critical area. It suggests that Starmer is taking a more hands-on approach to economic policy, potentially signaling a shift in the government's priorities and strategies.

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