Published 17:12 IST, July 17th 2024

UK’s New Labour Government Says It Will Turn the Page on Cost-of-Living Crisis and Boost Economy

Britain's new centre-left government says it will help the country move on from a cost-of-living crisis by focusing on wealth creation.

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London: Britain's new centre-left government says it will help the country move on from a cost-of-living crisis by focusing on wealth creation, as it sets out its plans for the coming year.

A speech written by the Labour government' and delivered in Parliament by King Charles III, says Labour will get more houses and infrastructure projects built, strengthen workers' rights and create a new industrial strategy.

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The king said the goal is to “see rising living standards in all nations and regions of the United Kingdom.” Labour won Britain's July 4 election by a landslide, as voters eager for change after years of political and economic pain ousted the Conservative Party after 14 years in office. 

(Except for the headline, this story has not been edited by Republic staff and has been published from a syndicated feed)

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17:12 IST, July 17th 2024