Support for Labour's policies has plummeted as the full impact of Chancellor Rachel Reeves' Budget tax hikes becomes clear. With Reeves planning a £40 billion package of tax increases and spending cuts, a poll shows most voters now believe the Tories would handle their finances better than Labour.
This marks the first time the Conservatives have been ahead since Boris Johnson was Prime Minister as just five months ago, Labour had a 15-point lead on this issue over Rishi Sunak's party.
The decline comes as Reeves prepares to unveil significant tax-raising measures in her October 30 Budget. Critics warn these plans could hurt economic growth, stall the housing market, and push many businesses into bankruptcy.
Alex Phillips speaks with political commentator, Benedict Spence.
