Trouble ahead for next UK government

The UK’s opposition Labour Party, which has been leading polls for months and looks likely to win the 2024 general election, will inherit the country’s most challenging fiscal problems in decades


Labour leader Sir Keir Starmer


NET UK DEBT (% of GDP, excluding public sector banks)

250
200 
150 
100
50
0
	1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2010 2020

World War I
World War II
1947: 251.7%
1963: 98.2%
1991: 21.6%
Financial crisis
2024: 97.7% 
Covid-19


2024 GENERAL ELECTION VOTING INTENTIONS POLL (%)
 
60  
50 	Jan 26, 2020				Jan 17, 2024
40 	49%		Labour			47%
30
20 	29%		Conservatives		20%
10 	10% 					8%
0			Liberal Democrats
	2020	2021	2022	2023 	2024


Sources: Bloomberg, YouGov
Picture: Getty Images
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