Has the Conservatives gamble paid off?
While many people are still contemplating the fact that the Conservatives announced the most severe cost-cutting exercise in over 30 years, initial opinion polls have put the party 14 percentage points ahead of Labour. This is an increase of one percentage point since the infamous George Osborne statement regarding the UK finances and future investment in the UK public sector. So has the gamble paid off?
It would appear from the initial feedback from voters that the honesty shown by the Conservative party has firmed up support across the UK. Consequently it looks as though voters are now more sceptical than ever regarding the Labour Party's plans for the public sector. The fact that a number of strikes are planned for the Christmas period may also have weighed heavily on the minds of voters, something which has effectively shot the Labour Party in the foot.
It will be interesting to see how the polls change in the run-up to the general election and how the Conservative party and Labour Party tackle issues such as Europe, national finances, taxes and public sector investment. Whatever happens, UK voters will have more than enough information to consider over the next few months.
Share this..
Related stories
FTSE 100 hits six-month high
The FTSE 100 index, which is the index that tracks share price movements of the top 100 companies in the UK, has today closed in positive ground for the ninth consecutive day. The index is now at a six-month high and despite concerns as to whether or not the UK economy has actually turned it would appear that investors are more upbeat than they have been for many months.
However, it...
Alistair Darling attacks UK banking tax avoidance schemes
Alistair Darling has taken it upon himself to launch another attack on the UK banking sector and in particular the array of tax avoidance schemes which have been prevalent over the last few years. There is speculation that a clampdown on tax avoidance schemes used by the banking sector could come as soon as next month with the budget although initial suggestions are that the code will be "voluntar...
Read MoreManufacturing output figures cast doubt on UK recovery
Yet again figures from the Office for National Statistics have added further confusion for those who had hoped the UK recession had bottomed out. Manufacturing output for the three months to May was down 1.2% which was a further fall on the previous quarter which had shown a fall of 0.6%. As a consequence, the National Institute of Economic and Social Research has been forced to revise its earlier...
Read MoreBuyers Find Fault With UK New Builds
A survey by the Office of Fair Trading (OFT) has blown wide open the subject of new house builds in the UK and the general state of the market. While nobody would expect a new build to be perfect from day one, it seems as though 70% of those buying new homes have encountered problems which needed addressing by the original builders. The problems seem to vary, including decorating work, windows,...
Read MoreConservative party cannot rule out VAT increase
To give credit where credit is due, the Conservative party has today confirmed that it is unable to rule out an increase in UK VAT if it was to gain power in the general election next year. In what appears to be a direct challenge to the UK government, the Tories have taken a slightly different tack to the one taken in the past, and set out clearly the potential for significant tax rises in many a...
Read More