Labour Party 2024 manifesto's pledge

The current budget moves into balance, so that day-to-day costs are met by revenues

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

Public sector current budget deficit excluding public sector banks, month (£m)

£-15770m

2026 SEP · Office for National Statistics, series JW2T · receipt

Public sector current budget deficit excluding public sector banks, month (£m), 2024 JUN (baseline)

£-9613m

2026-10-23 · Office for National Statistics, series JW2T (PS: Current Budget Deficit (excluding public sector banks): £m: CPNSA) · receipt

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