Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Comment
Larry Elliott

The Tories are deluded to think they’ll be back in power in 2029. Here are three economic reasons why

Kemi Badenoch, Robert Jenrick, James Cleverly and Tom Tugendhat at the Conservative party conference in Birmingham on 2 October.
Kemi Badenoch, Robert Jenrick, James Cleverly and Tom Tugendhat at the Conservative party conference in Birmingham on 2 October. Photograph: Kin Cheung/AP

Business confidence is plunging. Retailers are slashing prices in an attempt to drum up sales. Higher energy bills have arrived amid continued anger about the means-testing of winter fuel payments to pensioners.

No question, the government’s message that times are tough and likely to get tougher is cutting through, but not perhaps in the way ministers intended. One snapshot of public opinion this week showed voters would actually prefer Rishi Sunak’s administration to the current one. Given that the Tories suffered the biggest drubbing in their history only three months ago, that’s quite an achievement.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.