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Starmer Government 2025 - New or Old Labour?

Thursday, 6 November 2025

Old LabourNew/Third Way Labour
Hinted raising income taxes for the first time in 50 yearsdespite promising to not raise income tax
could otherwise cut public spending, which they were reluctant to dobut is likely in attempt to reduce UK government deficit, allowing the Bank of England to reduce interest rates
Planned investment in green technologyLimited support for public sector strikes
Investment in education and healthLittle nationalisation
Increase in taxesCut the deficit
Pro immigration control
Pro monarchy

Fiscal headroom - idea of ‘spending’ headroom

The Starmer government is third way, but is more left-wing than the Blair government.