Brits are the most supportive of reducing both taxation and state spending since the mid 1980s. The National Centre for Social Research has today published its latest report into British social attitudes which shows a marked change in attitudes to tax and spend since 2020. Watch the purple line, which represents ‘taxes and spending should be reduced’…
The NCSR explains:
“In our latest survey, just 36% say the government should increase taxes and spend more, down four points on 2024, and 19 points below the figure recorded in the 2022 survey.
Not since 2013 has the proportion wanting more taxes and spending been so low. But even more strikingly, an all-time high of 19% now say that taxes and spending should be reduced, up four points on 2024, and more than double the proportion in 2022 (8%).
Indeed, until the last three years, the proportion saying that taxes and spending should be reduced had never even been as high as 10%.”
Game on…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”
