In a stunning revelation, a new poll shows Britain’s faith in its economy has hit rock bottom, with 0% of the public believing it’s in a ‘very good state’

The bombshell YouGov survey also exposed the public’s utter lack of confidence in Keir Starmer (Image: Getty)
Shocking new poll figures have revealed that public faith in Britain’s economy has plummeted to an all-time low on Labour’s watch, with a staggering ZERO percent of Britons now believing the economy is in a “very good state” reports the Daily Mail.
A measly four percent rated economic conditions as “fairly good” – the same paltry proportion who still hold disgraced former prince Andrew Mountbatten-Windsor in high regard.
In a damning indictment of Labour’s economic mismanagement, a whopping 44 percent of people think the economy is in a fairly bad state, while an alarming 35 percent described the situation as “very bad”.
The bombshell YouGov survey also exposed the public’s utter lack of confidence in Rachel Reeves and Keir Starmer‘s handling of the economy, with a pitiful one percent saying they’re doing “very well” and just 13 percent mustering a “fairly well” assessment.
A staggering 77 percent, in contrast, slammed the duo’s performance as fairly or very bad.
Labour voters turn on party’s economic incompetence
Even among Labour’s own voters from last year, the survey found more than double the number of people now believe the party is making an utter hash of running the economy.
The catastrophic findings are a body blow for a party that staked its claim to govern on the promise of economic competence.
Chaotic Budget run-up fuels uncertainty
The poll comes on the heels of the most shambolic pre-Budget period in living memory, with the Chancellor sparking panic by floating the prospect of the first hike in the basic rate of income tax for half a century, only to stage a humiliating U-turn days later amid a fierce backlash.
Fears were mounting last night that the Chancellor is plotting another brutal tax bombshell when she finally unveils her plans next week.
Shadow Chancellor Sir Mel Stride blasted the “constant leaking, briefing and kite-flying” for “fuelling uncertainty and damaging our economy”, branding it “a stark verdict on the Chancellor’s record”.
“She has spent and borrowed like there’s no tomorrow,” he raged.
Tory leader Kemi Badenoch tore into the “government by guesswork” during fiery Commons clashes, warning the Budget uncertainty is causing “real anxiety”, with people putting off house purchases, businesses axing hiring and investment plans being scrapped.
Stealth tax raid to hammer millions
Despite Reeves’ warnings last year that extending the tax threshold freeze would “hurt working people”, tight-lipped Starmer repeatedly refused to rule out the punishing stealth raid.
Analysis by the IFS found the move would cost basic rate taxpayers £405 more a year, wallop higher rate payers with an extra £1,129 bill, and drag a million more into the tax net – including pensioners and key workers like police, nurses and teachers.
The £8.5bn tax grab would be a bitter pill after Labour’s welfare cuts U-turn and expected lifting of the two-child benefit cap.
Businesses sound alarm over Labour’s economic destruction
Business leaders have ramped up warnings that they can’t afford a repeat of last year’s tax raid on employers, with ExxonMobil’s UK chair cautioning “the whole industrial base of the UK is at risk” from Labour’s ruinous policies as the oil giant axed a major plant.
Fresh warnings have also been sounded over the crippling cost of Ed Miliband’s controversial Net Zero agenda.
Reeves is scrambling to “bring down inflation” with moves to slash £150 off energy bills, hike minimum wage and benefits by 4%, and slap a dreaded “mansion tax” on expensive homes.
But with allies fearing an unravelling Budget could seal the PM and Chancellor’s fate, the political stakes couldn’t be higher.



