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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

1 min read
  • 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.
A hefty shock awaits those who see little difference between Starmer and Sunak
Temporary policy overlaps mask huge ideological contrasts with a small state prime minister trapped in a big state moment
Financial TimesRobert Shrimsley

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