The British government’s discussion left warnings for the UK economy.

Rishi Sunak and Labour leader Keir Starmer They exchanged harsh warnings about each other’s handling of the UK economy., As the Prime Minister seeks to turn around the Conservative Party’s fortunes ahead of next week’s general election.

Sunak said Starmer’s tax plans could have the same impact as his predecessor’s. Liz Truss, who rocked financial markets with a package of unfunded tax cuts during her seven-week term.

For his part, Starmer said that the Labour Party would never cause the same economic chaos in Britain. As the former Conservative leader did, reminding voters of the impact of his measures on the cost of living crisis.

The exchange came after the Institute for Fiscal Studies said the UK public was “voting in a cognitive vacuum”. After both parties “avoided” making difficult decisions about how to pay off spending promises without raising taxes.

UK voters find themselves in a ‘knowledge gap’ over tax and spending, IFS warns

With just 10 days to go until Britons go to the polls, Sunak’s Conservatives trail Labour by more than 20 points in national opinion polls, a gap that has changed little. Since the Prime Minister called for a vote on May 22.

This appears to have put Starmer on course to replace Sunak in Downing Street next week. It is something Sunak appears to have conceded when he compared his warnings now to those he issued in his failed leadership bid against Truss.

I say it again now, it all sounds a bit familiar: if Keir Starmer is your prime minister, the economy will suffer and you will all suffer.Sunak said in an interview with The Sun newspaper broadcast live on Monday.

See also  Millennial tips for taking care of your mental health from the influence of social networks

“I was right to warn about Liz Truss,” he said, adding: “That’s why you can all trust me now when I also warn about the damage Keir Starmer could do.”

Sunak has tried to build the Conservative campaign around warnings that Labour is planning unannounced tax rises totalling more than £2,000. ($2,500) per person for four years, which the opposition denied. He repeated the message that Labor would raise taxes on Monday.

For his part, Starmer promised that Labour would not increase income tax and national insurance, VAT on goods and corporation tax, and Sunak’s previous warnings On tax increases under Labour, opinion polls have not changed.

Leave a Reply

Your email address will not be published. Required fields are marked *