in most measures Jeremy Huntthe jump of budget It’s been welcomed by voters, but only a few believe the overall package will be better than before, according to a new Techne UK poll. A survey of 1,625 voters found Trees The cost of living will need to rise significantly in the coming months to have any chance of closing its lead in the Labor polls.
Nearly half (48%) of those surveyed say the budget has no impact on their lives or their family’s lives.
More than a third (35%) say the budget positively makes their lives worse.
Only 10% of voters said it would make their lives better, and 7% were unsure.
The data show that the budget thinks it will do better with the growing number of older voters. This is perhaps not surprising given that many of the most high-profile generous policies were aimed at people saving for their pensions.
Given that the pension tax cut stands to benefit most those with over £1m in savings, we believe it will improve budgets beyond the peak of 18% among the wealthiest groups surveyed. It should come as no surprise that
But despite pension tax cuts that favor upper-income earners, the belief that the budget will make their lives better still reaches only 18% of voters.
This peak support rate is comparable to those who voted Conservative in the last election, with 18% saying it helps them cope with the cost of living.
More than half of Conservative voters in 2019 said it would make no difference to their well-being, and 22% said it would make them worse off.
Only 6% of Labor voters in 2019 believe the budget will help them, while 48% say it will make them worse.
Across all age groups, socio-economic grades and employment situations, the British public is largely united in criticizing the overall impact of the budget.
Do not miss it: The UK is ‘on a growth trajectory,’ Hunt says in a message to Express readers
Separate polls on individual measures within the budget, by contrast, found them gaining popularity.
An overwhelming majority of citizens support the government’s decision to both freeze fuel taxes and maintain energy cost subsidies.
Two-thirds of voters supported changing the pension tax, leading pollster Sir John Curtis to warn Labor of the pitfalls of promising to reverse the abolition of the lifetime savings tax. I was.
write in newsProfessor Curtis said that the Labor decision was attack change “It may not resonate as strongly with voters” as they assume.
Jeremy Hunt’s decision to reject costly measures to help people with their living expenses may have been guided by an Office of Budget Responsibility project that inflation rates are set to collapse sometime in 2023. .
Inflation is set to drop to 2.9% by the end of the year, according to the OBR, well above the government’s pledge to halve from the current 10.1%.
according to Ipsos polling When Rishi Sunak made five key promises in January, only 23% of the public believed the government would do a “good job” of halving inflation.
Given that all current projections suggest this is certain to happen, given the expectations of a skeptical public, Mr. Sunak could easily emerge victorious politically.
