Starmer's plan to boost UK economy will take some time

Starmer's plan to boost UK economy will take some time | Europe In :60

Carl Bildt, former prime minister of Sweden and co-chair of the European Council on Foreign Relations, shares his perspective on European politics from the Adriatic Sea.

How is Europe’s policy on Ukraine going to change if Trump arrives in the White House?

Well first, it is not going to change its fundamentals. You should know that the very first thing done by the newly elected European Parliament was to take a very strong and very broadly supportive resolution with very strong support for Ukraine. So what's going to happen is that, yes, Europe will continue that particular line, that it might be necessary. I think it will be necessary to further increase the financial support, the support that Europeans is already substantially higher than the Americans. But if the Americans diminish, reduce, stop, whatever Trump is going to do, then Europe clearly would have to step up even more.

How does Prime Minister Starmer's “renewal plan” make it possible to sort of make Britain great again?

Well, it's early days. It's clearly going to be economic policy that is somewhat more sort of interventionist in different ways. I think the important thing is that he wants to have a new start relationship with Europe. I think that's going to take some time, but I think it's going to have some effect. But, I don't think we will see any dramatic steps in the next few months anyhow. So it's early days.

More from GZERO Media

Elon Musk in an America Party hat.
Jess Frampton

Life comes at you fast. Only five weeks after vowing to step back from politics and a month after accusing President Donald Trump of being a pedophile, Elon Musk declared his intention to launch a new political party offering Americans an alternative to the Republicans and Democrats.

Chancellor of the Exchequer Rachel Reeves (right) crying as Prime Minister Sir Keir Starmer speaks during Prime Minister’s Questions in the House of Commons, London, United Kingdom, on July 2, 2025.
PA Images via Reuters Connect

UK Prime Minister Keir Starmer has struggled during his first year in office, an ominous sign for centrists in Western democracies.

- YouTube

“We wanted to be first with a flashy AI law,” says Kai Zenner, digital policy advisor in the European Parliament. Speaking with GZERO's Tony Maciulis at the 2025 AI for Good Summit in Geneva, Zenner explains the ambitions and the complications behind Europe’s landmark AI Act. Designed to create horizontal rules for all AI systems, the legislation aims to set global standards for safety, transparency, and oversight.

More than 60% of Walmart suppliers are small businesses.* Through a $350 billion investment in products made, grown, or assembled in the US, Walmart is helping these businesses expand, create jobs, and thrive. This effort is expected to support the creation of over 750,000 new American jobs by 2030, empowering companies like Athletic Brewing, Bon Appésweet, and Milo’s Tea to grow their teams, scale their production, and strengthen the communities they call home. Learn more about Walmart's commitment to US manufacturing. *See website for additional details.

Last month, Microsoft released its 2025 Responsible AI Transparency Report, demonstrating the company’s sustained commitment to earning trust at a pace that matches AI innovation. The report outlines new developments in how we build and deploy AI systems responsibly, how we support our customers, and how we learn, evolve, and grow. It highlights our strengthened incident response processes, enhanced risk assessments and mitigations, and proactive regulatory alignment. It also covers new tools and practices we offer our customers to support their AI risk governance efforts, as well as how we work with stakeholders around the world to work towards governance approaches that build trust. You can read the report here.