Labour Party 2024 manifesto's pledge

Deliver economic stability with tough spending rules, so we can grow our economy and keep taxes, inflation and mortgages as low as possible.

Made in Labour's 2024 general election manifesto, before the election that formed the 2024 to 2026 Starmer Labour government.

Made 2024-06-13 · Where it was made · archived copy · Speaker's own words, quoted

What the official figures show

CPI inflation, annual rate (%)

3.5%

2026 SEP · Office for National Statistics, series D7G7 · receipt

Public sector net borrowing excluding public sector banks, month (£m)

£-24520m

2026 SEP · Office for National Statistics, series J5II · receipt

Public sector net debt excluding public sector banks, % of GDP

94.0%

2026 SEP · Office for National Statistics, series HF6X · receipt

These figures are repeated from their sources and update automatically. We don't say whether the pledge has been kept.