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down and manage expectations that labour would suddenly be able to change that in a matter of weeks. there is a concern among some in labour that the excitement from some would quickly turn to disappointment when that realisation hits. i think what we know from what labour have said about the speech is keir starmer will say the uk faces huge constraints on public spending. and that anyone expecting a labour government to quickly turn on the spending tops will be disappointed. and hanging heavy in the air here in westminster is that election next year, is the prospect of that. and knowing the economy will be central to it, the debate around the economy and who is trusted most to govern the public finance will be a central part of that election, and really keir starmer in the speech this afternoon is trying to pitch himself and the labour party as the party of economic credibility. he will also say, make and point taxes are higher than at any point since the war. he will be lay

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