Budget has preserved Starmer’s job until at least May elections, say Labour MPs

While some call budget ‘tactical victory’, few MPs believe it is enough for Labour to beat Reform

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Labour MPs have said they believe Keir Starmer’s leadership is safe until at least the May elections, after a budget that avoided any major damaging measures but which few MPs believe will revive the party’s fortunes.

More than a dozen previously loyal MPs told the Guardian they did not believe the budget would shift the fundamentals required for the party to beat Reform. “It only delays what is inevitable,” one minister said.

On Wednesday night in the Commons after the budget, many of the cabinet did the rounds chatting to MPs, including the health secretary and the prime minister’s chief of staff, Morgan McSweeney, a tacit declaration of peace after the fallout from a week of furious briefing about Streeting’s leadership ambitions from allies of Starmer.