Keir Starmer Says UK Economy Is Starting to Turn Around

Prime Minister met business CEOs at Bloomberg’s London office
Labour leader hopes to build on trading relationship with US

WATCH: “We’re going to strip away regulation, strip away the inhibition of planning, use AI to take us forward,” Starmer says.Source: Bloomberg

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By Alex Wickham and Francine Lacqua

January 28, 2025 at 9:05 AM UTC

Updated on

January 28, 2025 at 9:57 AM UTC

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Prime Minister Keir Starmer said the UK economy is starting to turn around as he sought to reset his Labour government’s relationship with business after a torrid first six months in power.

“We have to get our economy working. I think we’re beginning to see how that’s turning around,” Starmer said in an interview with Bloomberg TV on Tuesday. “The number one priority of this Labour government is growth: growth, growth, growth.” The UK would “strip away regulation, strip away the inhibition of planning and use AI to take us forward,” he said.