Poll Shows UK Labour Party Leading Conservative Party In Highest Support Level In 20 Years
Muhammad Irfan Published September 27, 2022 | 01:50 PM
MOSCOW (UrduPoint News / Sputnik - 27th September, 2022) The UK Labour Party gained the highest level of citizen support over the ruling Conservative Party in 20 years, following the release of an economy growth plan by the government, according to a YouGov poll commissioned by The Times newspaper.
On Friday, UK Chancellor of the Exchequer Kwasi Kwarteng unveiled a new 60-billion-pound growth plan to support the country's economy amid rising costs of living. The plan includes canceling the planned rise in corporation tax, keeping it the lowest in the G20 at 19%. Since the announcement, the yield on the United Kingdom's five-year government bonds has risen to its highest level since 2008, at 4.6%, which means a lower demand for British debt securities, triggering a barrage of criticism against Prime Minister Liz Truss' government.
The survey showed that the Labour party is leading the Conservatives by 17 percentage points. This is the highest level of support since Tony Blair, the first Labour prime minister, won the general election in 2001.
There is opposition even among traditional conservative supporters.
Overall, the Conservatives support fell by four percentage points to 28%, while Labour support rose five points to 45%.
According to the poll, 72% of respondents opposed the decision to reduce the maximum income tax rate to 40% for those who earn more than 150,000 Pounds ($162,233) a year. Meanwhile, 69% of respondents said they voted for the Conservatives in 2019. In addition, 71% of the public disagreed with the decision to lift restrictions on the payment of bonuses to bankers.
Only 9% of those who voted believe that the measures outlined by Kwarteng will improve their financial situation and 25% believe that the government has a clear plan for managing the economy.
The survey was conducted among 1,730 UK citizens from September 23-25.
Related Topics
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From World
-
NFL will allow players to wear Guardian Cap helmets in games
5 hours ago -
Football: German Bundesliga table
5 hours ago -
Football: Italian Serie A result
5 hours ago -
Football: German Bundesliga results
5 hours ago -
US troops to leave Chad in second African state withdrawal
5 hours ago -
Plastics pollution may be solved without production cap: Canada minister
5 hours ago
-
Biden stalls on menthol cigarette ban fearing Black vote backlash
5 hours ago -
Champions Alcaraz and Sabalenka through in Madrid Open
5 hours ago -
6,000 French police to welcome Olympic torch amid bonus boost
6 hours ago -
Taiwan hit by several quakes, strongest reaching 6.1-magnitude
6 hours ago -
'Ballistic' Bairstow stars as Punjab pull off record T20 chase
6 hours ago -
Tennis: ATP/WTA Madrid Open results - 2nd update
6 hours ago