Snap Poll Shows Public Not Overly Impressed by Budget

Following a Budget which had been touted by some as a potential precursor to a May general election, Savanta has published a snap poll looking at the public’s initial response. The results are not hugely encouraging for Rishi Sunak or Jeremy Hunt.

Asked who they trusted most on the economy, 30.8% said the Conservative Party, compared to 42.3% saying Labour. Around 30% of those who voted Conservative at the 2019 general election could not say they trusted the Conservatives most on the economy.  Of this group, 14.3% said they trusted Labour most whilst 15.3% said they didn’t know which of Labour or the Conservatives they most trusted.

Asked if they broadly supported or opposed the key measures announced in the Budget, less than half, 42.1% said they supported them, with 21.6% opposing them. 7.1% said they did not know.

Interestingly, despite it being the most political measure by the Chancellor to shoot Labour’s foxes, of all the measures he announced, scrapping non-dom tax status was the measure with less support than the others. Fewer than half, 47.9% supported this move.

Overall, 60.3% of respondents said the Government’s plan for the British economy is not working, compared to a quarter, 24.1%, saying the plan is working. Again, by a thin margin of 43.4% to 42.7% 2019 Conservative voters are (just) more likely to believe the Government’s plan for the economy is not working.

36.9% of all those questioned said they felt Labour would have had better policies for the economy if it had delivered the Budget, compared to 25.8% saying Labour’s policies would be worse than the Government’s.

Perhaps most worryingly for the Conservatives meanwhile is that 73.9% of those questioned said the Budget did not do enough to help them with the rising cost of living.  That includes 73.8% of 2019 Conservative voters who agree.

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