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Poor Initial Public Reaction To Gov'ts 'Fiscal Event'-YouGov

UK

Snap polling from YouGov shows a poor initial public reaction to the fiscal measures announced earlier today by Chancellor Kwasi Kwarteng, mirroring the sell-off in UK assets seen throughout today's session.

  • YouGov: How effective, if at all, do you think the measures the Chancellor has announced will be at growing the British economy?: Very/fairly effective: 19%, Not very/at all effective: 52%
  • YouGov: Do you think the changes the Chancellor announced this week will make people like you better or worse off, or will make no difference?: Better off: 19%, No difference: 34%, Worse off: 28%
  • YouGov: Conservative voters on the measures Kwasi Kwarteng announced today... 40% say will not be effective at growing the economy (only 32% think they will be effective).
  • If the measures announced today do not spark a turnaround in UK economic growth and remain unpopular with the public PM Truss will find herself in a vulnerable position, with a Conservative party behind her that was hardly full-throated in its backing of her during the leadership campaign.

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