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Free AccessPoor Initial Public Reaction To Gov'ts 'Fiscal Event'-YouGov
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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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.