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Labour's Economic Trust Plummets Amid Tax Hike Backlash

12/2/2025

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Summary

Story summary

A YouGov poll finds Labour under Sir Keir Starmer less trusted on the economy than the Conservatives under Liz Truss, at 10% to 17%.
Chancellor Rachel Reeves faces accusations of misleading the public to justify £26bn in tax hikes; 37% say she exaggerated issues, 18% say she is honest.
After the Budget, 52% think the country will be worse off, with only 8% believing the measures will improve the situation.

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Story summary

A YouGov poll finds Labour under Sir Keir Starmer less trusted on the economy than the Conservatives under Liz Truss, at 10% to 17%.
Chancellor Rachel Reeves faces accusations of misleading the public to justify £26bn in tax hikes; 37% say she exaggerated issues, 18% say she is honest.
After the Budget, 52% think the country will be worse off, with only 8% believing the measures will improve the situation.