British people are more concerned about the UK economy than before Jeremy Hunt’s Budget

Last Updated: March 21, 2023By Tags: , , , , , , , , , , , ,

Last week’s Budget made people more concerned than reassured about their finances, with more than a third more concerned about the economy than before Jeremy Hunt’s speech, polling has found.

Ipsos discovered that people blame the Tory government for much of the UK’s current economic difficulty, while a separate poll for Opinium found that more than twice as many voters (43 per cent) would prefer a Labour government led by Keir Starmer to be running public services and the economy than the Tories (17 per cent).

Only 13 per cent of people said they felt more reassured about their personal finances after March 15, with 12 per cent saying the same on public services, the PA news agency said.

A mere 22 per cent said the Budget left them more reassured about the state of Britain’s economy, while 35 per cent said it had made them more concerned about the economy and public services and 37 per cent said they were more concerned about their own finances.

On individual policies, the energy price guarantee extension was backed by 74 per cent of people, while 70 per cent supported the fuel duty freeze and 59 per cent backed the expanded childcare package.

But freezing income tax thresholds – so more people while pay higher rates of tax as their salaries and wages rise – and awarding an annual £1m prize for AI innovation had more opponents than supporters.

60 per cent of voters blame decisions by Hunt and Rishi Sunak for the current state of the economy.

But here’s the real kicker: two-thirds said economic policies over the last 13 years of Tory and Tory-led government are responsible.

The verdict is clear:

If Rishi Sunak thought this Budget would save the Tories from future electoral wipeout, he needs to think again.

Source: Brits now more concerned about state of UK economy than before budget, polling finds

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