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It's Tuesday, City A.M. back in print.
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Um, this is our front page today. We uh
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have the results of our latest monthly
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poll of UK voters. And I suppose the
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results aren't very pretty for the
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chancellor. A majority, just under 60%
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say that she should resign. Now, the
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reason that they think she should resign
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is not just because she's unpopular. All
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chancellors end up unpopular. Um, it's
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because they consider her budget policy
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measures to have breached Labour's
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election manifesto. Chancellor said that
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taxes would not increase on working
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people and taxes are going to increase
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on working people. So the public have
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made their view pretty clear in our
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poll. Um it's not very comfortable
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reading for the government. What I look
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at on page two in uh the leader column
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is well whether there's any chance of
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the chancellor resigning. I would
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suggest at this stage not uh her fate is
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bound to that of Karma. um as long as
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he's got a job, she's got a job. Um
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she's very confident. She said yesterday
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that she's absolutely certain that she
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will be chancellor at the time of the
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next election. I mean, that is slightly
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out of her hands because if K star does
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go between now and then, um it's hard to
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see how she remains. I don't know where
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this confidence comes from on her part.
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It can't be based on her track record.
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The other story we have here at the
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bottom of page two is evidence of just
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quite how damaging the budget
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speculation and buildup was on British
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business and on the economy. And that is
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a theme which is being picked up as we
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speak by officials from the OBR who are
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speaking to MPs in parliament today. And
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they're making it pretty clear um that
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they didn't approve of the leaks. They
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didn't um recognize some of the
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characterizations of the economy that
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were being attributed to them. So the
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whole budget process was a real mess.
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And to top it off, the OECD, one of the
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leading global economic think tanks, has
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made it clear today that because of
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Labour's policies, inflation will be
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higher for longer. Uh, and those tax
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hikes are going to hold back growth,
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which will remain pretty anemic over the
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years ahead. Should the chancellor
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resign, you can make your own mind up.
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Um, there's some pretty punchy comment
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to that effect from other voices in
