- UK economic consensus forged around interventionist state and high tax burden.
- Conservatives preside over historically high tax burden, with expanding state support.
- Post-Brexit consensus is economic intervention and social conservatism.
- Labour and Tories tussle over similar territory, but differ in values and policy.
- Labour sees state intervention as first instinct, Tories are small state conservatives.
Financial Times — World — UK Economy — Politics — Economics — Tax
A hefty shock awaits those who see little difference between Starmer and Sunak
The UK has stumbled into a period of economic consensus forged around a more interventionist state and a high tax burden. The post-Brexit consensus is one of economic intervention and social conservatism. The similarities of today are shallow and temporary. The Tories will soon revert to type. Anyon