During the campaign, Starmer spent a lot of time reminding us that he was a “son of a toolmaker”. This was his attempt at proving his humble credentials.
Perhaps that also gave him the idea that he knew how to handle a laser. His plan was to deploy it to get the economy growing so that we’d all feel richer.
Instead he’s aimed his laser straight at the heart of the economy, and obliterated it.
His first error was too depress the hell out of everybody by explaining what a mess the UK was in and the brutal steps Labour would take to put things right.
Immediately, the economy froze in horror. Businesses stopped investing. Consumers refused to spend. Homes movers stayed put for fear of what Starmer and chancellor Rachel Reeves were plotting.
Others were whipped into a frenzy. Buy-to-let investors sold up. Pensioners grabbed their tax-free cash while they still could. Wealthy non-doms bid for a golden ticket out of the UK.
Instead of a laser-like aim, it was like Starmer had run amok and blasted the economy with a scattergun.
We saw the impact last Friday. In the first three months of the…
