Only 8% of the British public think that tomorrow’s Budget will leave their own finances better off, according to new polling.
The numbers from Focaldata also show that just 9% of Britons believe the economy is in good shape, while 15% expect economic conditions to improve in the next year. The data suggests that only 12% of voters have a favourable view of Chancellor Rachel Reeves, compared to 54% who view her unfavourably.
This Autumn Budget has come under increasing scrutiny in recent weeks, with mooted changes to the tax system in order to raise Government income, including a mansion tax, expanded sugar levy and the freezing of income tax thresholds. However, the Chancellor is also rumoured to have told Labour MPs that she will lift the two-child benefit cap, despite the policy being broadly popular with the public, as 57% think it should be kept.
Focaldata’s report showed that Nigel Farage’s Reform UK polled highest among those who are “finding it difficult” in reference to their personal finances. Meanwhile, Labour polled higher than any other party among those “living comfortably” at 31%, above both the Conservatives and the Liberal Democrats.
In recent days, Prime Minister Keir Starmer has refused to rule out tax rises which would break Labour’s manifesto promises from the last election. These pledges include not increasing national insurance, income tax or VAT.
Sharon Graham, leader of the Unite union which was one of the Labour Party’s biggest donors last year, has suggested that Starmer should be removed from his post if the Budget includes measures which hit the working class, such as freezing the income tax threshold and not targeting the highest earners in society with policies like a wealth tax.
Earlier this month, Starmer appeared to be fighting for his future in Number 10, after a series of briefings suggested that frontbench MPs had lost confidence in his leadership. The public also appears to have little faith in the PM, as the Focaldata polling showed that only 17% have a favourable view of him, while 64% view him unfavourably.
Respondents to the poll also suggested that spending cuts are preferable to tax rises. Just 22% said the Government should increase taxes and spend more on public services, while 32% said taxes should be reduced and less spent on public services.






Join the discussion
Join like minded readers that support our journalism by becoming a paid subscriber
To join the discussion in the comments, become a paid subscriber.
Join like minded readers that support our journalism, read unlimited articles and enjoy other subscriber-only benefits.
Subscribe