George Osborne’s battle to become Conservative leader may well be tougher than the battle he faces from the Labour opposition. The Chancellor delivers his eighth Budget tomorrow with only 31 percent of Britons believing he has done a good job as Chancellor. The backdrop for his set-piece speech is perhaps more troubling: only 26 percent say their personal finances are better off than last year and 31 percent think the economy has improved. And yet, despite this, Osborne and Cameron have a 15 point lead over Labour’s team on economic trust.
While Osborne has received many plaudits for moving to the political centre ground after May last year, he has seen only small benefit so far. His favourability ratings have improved slightly since before the election, but even at his peak only 25 percent of Britons had a favourable opinion of him. And herein lies the crux: the Chancellor lacks what his best political friend – the Prime Minister – has.
Tom Mludzinski
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