"On top of continued record unhappiness with Keir Starmer, Rachel Reeves' satisfaction ratings have also hit a record low this month, the worst for any chancellor since we started monitoring in 1976. This comes in the context of persistent economic anxiety, with more people today struggling to cope than we were seeing in 2022 when the cost-of-living crisis first started to bite."
"Historically we've only seen similar levels of scepticism over the government's long term economic plans in the last years of the Major and Sunak governments, and under Brown after the financial crash. Meanwhile, Reform UK continue to hold a steady lead in voting intentions, helped by this frustrated desire for change and their own strengths on immigration and (to a lesser extent) on crime"
More than 71% of Britons are not happy with the Chancellor's performance, and her satisfaction ratings are the lowest recorded since 1976. Rachel Reeves became the first woman to serve as Chancellor after Labour's July 2024 landslide victory. Economic anxiety has increased, with more people struggling to cope than during 2022's cost-of-living crisis onset. Sixty-six percent of the public do not believe Labour's policies will deliver economic growth. Public scepticism about long-term economic plans matches levels seen in the late Major and Sunak years and after Brown's financial crash. Reform UK leads in voting intentions on immigration and crime, while many voters see no party with clear solutions.
#rachel-reeves #chancellor-unpopularity #economic-anxiety #labour-economic-credibility #reform-uk-polling
Read at London Business News | Londonlovesbusiness.com
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