Britons shun new PM Truss after budget fiasco

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In a blow to her authority, a poll gives Keir Starmer’s Labour a 33-point lead and finds three-quarters of people think she is handling the economy badly.

| Prime Minister Liz Truss’ tax-cutting budget and the ensuing market mayhem has prompted a precipitous plunge in her popularity, with Labour opening up an unprecedented 33-point lead over the Conservatives.

Ms Truss does not need to call an election until the end of 2024, but the poll confirms that the fallout from her chancellor Kwasi Kwarteng’s mini-budget last Friday has robbed the new prime minister of any honeymoon period.that she was prepared to take unpopular decisions for the good of the economy.

Lack of public support will also make her government’s task of settling on swingeing spending cuts - to help pay for tax cuts and promises to increase defence spending - even more daunting. He said the Bank was not looking to control long-term interest rates, nor to finance the government’s tax-cutting plans with cheap money.

 

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OOPPSS

she wanted a trickle down economic Crazy Trump had a big tax cut for the rich n the money went to jack up the stock market in shares buyback Voodoo economic

No one can fix it now. Let it rip... It will be restored.

Late October?

Reduced wealth, make any politician unpopular

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