Nov 25 2024 3 mins
The Government is in danger of wasting its first six months in office as the country begins to lose faith in its ability to effect real change to its economy and social structure.
The Prime Minister is suffering the most rapid fall in popularity of any Party Leader in the past 100 years. His approval rating is below those of both Kemi Badenoch and Nigel Farage; one has just started in a new role, while the other has spent most of the past six weeks in the United States.
The Labour Party is leaning heavily on its eighty-odd seat majority as, almost without fail, Cabinet members trot out what have already become jaded tales of how they have been forced to implement unpopular policies due to the previous administration's incompetence.
When Labour came to power, no one, either MPs or the public, was under any illusion about the scale of the task that lay ahead. However, to ensure their victory Keir Starmer and his senior colleagues felt compelled to tell some half-truths about their taxation plans and the need to repair the black hole in the nation's finances, which, even now, the public has not been provided with solid evidence about its size.
The Prime Minister appears to be a little overawed when meeting overseas Heads of Government, and his overtures towards climate change, the G20 and European Union have come across as lukewarm.
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
The Prime Minister is suffering the most rapid fall in popularity of any Party Leader in the past 100 years. His approval rating is below those of both Kemi Badenoch and Nigel Farage; one has just started in a new role, while the other has spent most of the past six weeks in the United States.
The Labour Party is leaning heavily on its eighty-odd seat majority as, almost without fail, Cabinet members trot out what have already become jaded tales of how they have been forced to implement unpopular policies due to the previous administration's incompetence.
When Labour came to power, no one, either MPs or the public, was under any illusion about the scale of the task that lay ahead. However, to ensure their victory Keir Starmer and his senior colleagues felt compelled to tell some half-truths about their taxation plans and the need to repair the black hole in the nation's finances, which, even now, the public has not been provided with solid evidence about its size.
The Prime Minister appears to be a little overawed when meeting overseas Heads of Government, and his overtures towards climate change, the G20 and European Union have come across as lukewarm.
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.