Reeves Budget was the 'worst-received fiscal event' since the Liz Truss mini-Budget

"As the long-awaited Autumn Statement finally landed this week, almost half of UK voters (46%) view the Budget as unfair, according to the latest polling from Opinium. Only one in five (22%) think the Chancellor's decisions were fair. Neither the Chancellor or Prime Minister has seen any boost to their low approval ratings from the Budget, but they may be relieved to see their numbers fall no lower, with Rachel Reeves at net -42 and Keir Starmer at net -45."

"As Westminster and the country absorb the implications of Wednesday's Budget, nearly half of the UK public (48%) have a negative view of the Chancellor's plans, with over a third (37%) unsure, while only around one in seven (15%) consider it a good budget. Only one in five (19%) believe the measures will have a positive effect on the economy and almost half (48%) believe the budget will negatively affect their individual finances."

Almost half of UK voters (46%) view the Autumn Statement Budget as unfair while only 22% think the Chancellor’s decisions were fair. Neither the Chancellor nor the Prime Minister saw approval boosts; Rachel Reeves sits at net -42 and Keir Starmer at net -45. Nearly half of the public (48%) have a negative view of the Chancellor’s plans, 37% are unsure and 15% consider it a good budget. Only 19% expect a positive economic effect and 48% believe it will harm their personal finances. A quarter find the measures necessary versus 36% who view them as unnecessary. Proposed tax measures were unpopular (Cash ISA reforms net -24; income tax and NI threshold freeze net -25; pension changes net -29). Popular measures include a rail fares freeze backed by 72% (net +62) and a proposed tax on remote gambling supported by 68%.

Read at London Business News | Londonlovesbusiness.com