Rachel Reeves struggles with plummeting approval ratings reminiscent of Kwasi Kwarteng's unpopular tenure, significantly isolated from media support. While rightwing critics attribute economic stagnation to rising corporate taxes, leftist voices denounce welfare cuts as detrimental to the poor. An Opinium poll reveals that only half of 2024 Labour voters believe the current government is better handling the economy than the ousted Conservative party. Staff fears unrest over planned cuts to welfare payments among Labour backbenchers and advocates, as these cuts spark a protracted legal and campaign battle influenced heavily by party loyalty and public sentiment.
Rachel Reeves may reflect on her falling approval ratings while dealing with simultaneous critiques from both right and left regarding economic policies.
Current public sentiment depicts a despairing view of Labour's economic management, placing them almost at par with the unpopular Conservative government they replaced.
The forthcoming welfare cuts are provoking significant backlash from Labour backbenchers, signaling a brewing clash between party ideals and government responsibilities.
Reeves’ survival depends significantly on maintaining the confidence of the Prime Minister, her ultimate arbiter in turbulent times.
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