The upcoming UK general election is shaping up to be a game-changer, with polls predicting a major shift in power. After years of Conservative rule, the Labour Party is poised to win back the government with a significant majority.
The state of the economy is a crucial issue, with only 22% of voters believing it is in good shape. Even Conservative supporters are disillusioned, dropping from 75% positivity in 2017 to just 27% today.
Despite some recent positive economic indicators, such as growth and falling inflation, voters remain concerned about rising living costs and underfunding in public services.
Voter concerns
Economic policy has taken a backseat in the election campaign, but issues like inflation and public service funding are at the forefront of voters’ minds.
While the parties’ economic policies are similar, the prospect of a Labour government after 14 years of Conservative rule could bring about a significant shift in approach, particularly in areas like public sector involvement and EU relations.
Conclusion
Regardless of the election outcome, the long-term effects of Brexit will continue to impact the UK economy. Both parties will face tough decisions in the coming years to address these challenges.
Edited by: Ashutosh Pandey