One year on from Labour’s election win, it’s navigating a tough path
British Prime Minister Keir Starmer and his wife Victoria Starmer, on July 5, 2024 after the election results in London, the number 10 Downing Street, working campaigns and activists react to greeting.
Toby Melville | Reuters
One year has passed since the Labor Party had returned to power in a landslide victory, which shows that the party has returned to a new leaf in the opposition for 14 years.
However, the last 12 months was not turbulent for British Prime Minister Keir Starmer.
In particular, great promises on the economy could not be made, and as a result, Starmer’s popularity fell in the polls. When he became prime minister a year ago, 44% of voters Cheated by Yougov There was a positive opinion about Starmer. Until May this year, this figure had fallen to a record level of 23%, but since then its degree has improved, 28% in June.
The main mission of the government was to start growing and to make people better, but for a year, business optimism, productivity and employment creation, partly national life fee and an increase in the national insurance contributions of employers.
Meanwhile, high borrowing costs and inflation continues to focus on household financing.
Although Britain grew more than expected in the first quarter, economists expect to worse, especially because US President Donald Trump has a balance, because the tariffs on which it is in balance.
Meanwhile, Chancellor Rachel Reeves promised to correct public finances, but both the promise of ignoring tax increases in people working and any increase in borrowing left him in a difficult position.
Ultimately, Reeves’ term of office was prosperous, “in the” spring statement “a series of U -turn and whether the end of the year came to the fore for speculation about speculation.
Difficult decisions for the next time
Analysts, who have very little place to maneuver, see an increasing tax hike in this “autumn budget” – when the chancellor reveals the taxation and spending plans of the next government – the probability of gaining good labor with voters is low.
“When it comes to the autumn budget, the chancellor will make really hard decisions,” CNBC said on Wednesday.
“It is really important to adhere to the existing financial rules, which will point to the reliability and confidence in the market. Higher taxes and lower expenditures towards the end of the forecasting period may be the lead.”
Aside from the internal issues, Emek has achieved more success on the international stage with the trio understanding of the ‘historical’ trade agreements with India, the United States and the EU.
While many political commentators greet these developments as great breakthroughs, the general economic impact continues to be seen.
It wasn’t enough to put Labour’s ratings back. According to a Yougov survey, Keir Starmer’s popularity with the public fell to a record level in May.
“I think it is important to reset relations with the European Union. [There’s a] It’s a long way to continue with this, but it’s reversing us to a logical piece and I think it’s [Starmer] He directed an incredibly difficult task of working with President Trump.
“We have a trade agreement and drowned in history, and I wouldn’t say it. Trump limits the damage to our trade. And all this required to eat too much humble pie.”
“You should know what happened to these decisions in national interests, and that’s why it was right to try to get on Tiger, and so far it has done something quite good,” he added.
Risk of reform
As Starmer’s popularity hit, rival party reform is the goodness of England. The latest Yougov questionnaire shows that if an election is made this year, Nigel Farage’s party is on the way to buy the most seats.
Reform British leader Nigel Farage waves are fluctuating after being elected as a member of parliament at the Clacton Count Center in the Clacton-on-Sea in Eastern England in the early 5th of July 2024.
Henry Nicholls | AFP | Getty Images
“The rise of reform shows the level of discontent with political and political consequences, Ry Rycroft said,” This can be resolved with the construction of good policy, but it will take time. “
“I think that it is always a risk of political classes in order not to make the necessary decisions that are necessary to cope with the problems that lead to these discontent problems in response to such popular pressures.
However, Starmer, who has existed as bad as it can be for labor, is four years up to another general election, may have time to reverse the ship.
“So the workers’ government will take over the moment, and will this country make some changes that we are on the right track?” Rycroft asked.
