Labour govt would not improve UK economy, industry says

The latest PA Asks results show a lack of belief in a Labour government

Isabel Baxter
clock • 2 min read

A Labour government would not improve the UK’s economy, the majority of industry respondents to a Professional Adviser survey said.

In last week's PA Asks, 69% of respondents said no to the statement ‘Do you think a Labour government would improve the economy?', whilst 22% disagreed and 9% were unsure. One pundit said: "Judging by previous Labour governments of Wilson, Callaghan, Blair and Brown, the result has always been tax and spend, resulting in a poor economy." Another said that Labour has a "record of incompetence". Sharing a similar view, one respondent said: "Labour have always left the economy in a worse state than they found it." Another agreed, adding that "Labour will not be able to function wi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA: Most firms unable to meet bereavement claims performance levels

FCA: Most firms unable to meet bereavement claims performance levels

Call for improved bereavement handling times

Cameron Roberts
clock 22 November 2024 • 3 min read
ETF providers launch unlisted share classes to tackle slow MPS adoption

ETF providers launch unlisted share classes to tackle slow MPS adoption

Technological and cost barriers

Valeria Martinez
clock 22 November 2024 • 5 min read
Advisers expect regulation to limit time taken on giving advice

Advisers expect regulation to limit time taken on giving advice

Industry expects it will constrain their ability to meet demand

Isabel Baxter
clock 22 November 2024 • 2 min read