Emma Revell: How the Tories are taking the debt crisis seriously
Emma Revell discusses the Conservative Party's ongoing strength in economic management despite political turmoil. Recent polls show the Tories leading in public confidence regarding handling the economy, although their lead has narrowed since 2020. The party is addressing the debt crisis seriously, with significant increases in public spending projected in the coming years.
- ▪The Conservative Party has consistently been viewed as the best at handling the economy in public polls since Labour took office.
- ▪Public spending is projected to reach nearly £1.5 trillion by 2028/29, with debt spending accounting for a significant portion of this increase.
- ▪The UK's debt to GDP ratio is approaching 100 percent, raising concerns about future debt servicing costs.
Opening excerpt (first ~120 words) tap to expand
Emma Revell is External Affairs Director at the Centre for Policy Studies. Politics might be in turmoil, but if there’s one thing you can usually rely on, it’s that the public consider the Conservative Party’s strength to be economic management. When asked by YouGov ‘Which political party would be the best at handling the economy?’, the public responses have put the Tories on top, or joint leaders, in every poll since Labour came into office. Earlier this month, for example, 19 per cent of respondents backed Kemi Badenoch’s party compared to Reform on 11 per cent and Labour on 15 per cent.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at ConservativeHome.
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