The Japan Times - UK election picks over 14 years of Conservative rule

EUR -
AED 4.071603
AFN 72.063828
ALL 90.767
AMD 405.078305
ANG 1.984285
AOA 1017.760889
ARS 1712.354319
AUD 1.619254
AWG 1.995609
AZN 1.880429
BAM 1.955116
BBD 2.258609
BDT 139.811061
BGN 1.937771
BHD 0.423046
BIF 3354.625769
BMD 1.108672
BND 1.433598
BOB 13.300004
BRL 6.169981
BSD 1.121392
BTN 105.388111
BWP 15.384407
BYN 3.357625
BYR 21729.969788
BZD 2.255311
CAD 1.580118
CDF 2566.57511
CHF 0.923934
CLF 0.027708
CLP 1090.512103
CNY 7.39523
CNH 7.399271
COP 3644.603749
CRC 507.215595
CUC 1.108672
CUP 26.913579
CVE 110.231884
CZK 24.377494
DJF 199.690102
DKK 7.475667
DOP 68.015272
DZD 151.6858
EGP 59.368826
ERN 16.630079
ETB 182.516244
FJD 2.513525
FKP 0.832264
GBP 0.835378
GEL 2.90055
GGP 0.832264
GHS 13.131404
GIP 0.832264
GMD 82.042039
GNF 9934.567375
GTQ 8.569426
GYD 234.989403
HKD 8.697486
HNL 30.143041
HRK 7.504611
HTG 146.989212
HUF 364.807432
IDR 20166.686936
ILS 3.519867
IMP 0.832264
INR 103.918758
IQD 1700.096917
IRR 2113211.844764
ISK 136.566334
JEP 0.832264
JMD 177.975295
JOD 0.78606
JPY 177.260003
KES 145.712381
KGS 96.952912
KHR 4573.419777
KMF 490.032808
KPW 997.804692
KRW 1484.711016
KWD 0.345219
KYD 0.934473
KZT 500.654754
LAK 25241.164753
LBP 100420.349537
LKR 372.67955
LRD 190.633272
LSL 18.384265
LTL 3.27362
LVL 0.670625
LYD 7.188484
MAD 10.939414
MDL 20.150946
MGA 5074.155225
MKD 61.531797
MMK 2327.928943
MNT 3995.048256
MOP 9.061219
MRU 45.236554
MUR 52.295821
MVR 17.072798
MWK 1944.493054
MXN 20.633937
MYR 4.515181
MZN 70.841511
NAD 18.384265
NGN 1492.571601
NIO 41.265556
NOK 10.595949
NPR 168.618696
NZD 1.993065
OMR 0.426228
PAB 1.121463
PEN 3.821762
PGK 5.036169
PHP 70.258722
PKR 307.899459
PLN 4.412636
PYG 6922.576868
QAR 4.087972
RON 5.345681
RSD 117.601267
RUB 92.105391
RWF 1659.096814
SAR 4.167623
SBD 8.969984
SCR 15.366789
SDG 666.868756
SEK 11.06211
SGD 1.424565
SHP 0.830746
SLE 25.392647
SLL 23248.300869
SOS 640.867004
SRD 41.737049
STD 22947.270509
STN 24.491096
SVC 9.812565
SYP 14414.952058
SZL 18.389314
THB 37.445949
TJS 10.30615
TMT 3.880352
TND 3.342296
TOP 2.669416
TRY 55.69062
TTD 7.605338
TWD 36.476388
TZS 2950.601712
UAH 51.003657
UGX 4575.625371
USD 1.108672
UYU 45.376368
UZS 13428.299648
VES 998.348542
VND 28442.423975
VUV 132.837953
WST 3.089934
XAF 655.957
XAG 0.021445
XAU 0.000278325468
XCD 2.996242
XCG 2.021102
XDR 0.783889
XOF 655.957
XPF 119.331742
YER 262.199651
ZAR 18.405384
ZMK 9979.376155
ZMW 22.848002
ZWL 356.991908
SSP 6369.76093
MXV 2.318423
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

UK election picks over 14 years of Conservative rule
UK election picks over 14 years of Conservative rule / Photo: CARLOS JASSO - AFP

UK election picks over 14 years of Conservative rule

Fourteen years of Conservative party rule in the UK have seen Brexit, Covid, economic turmoil and political scandals, leaving many Britons worse off and disenchanted.

Text size:

During that time, the Tories have gone through five prime ministers -- including three in four months in 2022 -- and look unlikely to secure a fifth term on July 4.

With polls indicating a 20-point lead for Labour refusing to budge, Rishi Sunak and his colleagues have begun warning voters not to give Keir Starmer's party a "super-majority" in parliament.

But public confidence in politicians has evaporated and the campaign is doing nothing to restore it.

Tim Bale, professor of politics at Queen Mary University of London, attributes the erosion of trust to the aftermath of the 2008 global financial crisis.

"You had a government that came in 2010 promising there'd be no swingeing cuts, only to unleash austerity on the country, which has crippled public services long term," he told AFP.

Brexit -- and Boris Johnson's promise to "get Brexit done" -- was pitched as a chance to get back to "bread and butter issues" such as the economy, healthcare, education and policing.

But Bale added: "The Conservatives... then failed completely to deliver on any of the promises on those issues."

- Brexit -

The referendum on European Union membership in 2016 saw 52 percent of Britons vote "leave" and 48 percent "remain".

David Cameron, prime minister since 2010, quit after the result came in. His successor, Theresa May, was unable to get parliamentary approval for her Brexit divorce deal. She resigned in 2018.

Boris Johnson's landslide election win in 2019 allowed him to push through his Brexit plan, and the UK left the EU the following year.

But he was undone by Covid, with his government initially under-estimating the pandemic, and revelations of lockdown-breaking parties at Downing Street contributed to his downfall in July 2022.

Bale attributed the "dire state" of the Tories currently to Johnson and Truss, who shattered its reputation for integrity and economic credibility.

Truss spent only 49 days in power, but her plan for unfunded tax cuts to tame sky-high inflation spooked the financial markets and crashed the pound.

Sunak's time in power since October 2022 has seen widespread public and private sector strikes sparked by the high cost of living.

Annual inflation has now slowed to 2.3 percent, but salaries have not kept pace and are stuck at 2010 levels.

- Pessimism -

Sunak has tried to put a gloss on the economy but growth and productivity are stagnant and the tax burden is at its highest level in 70 years.

He has even admitted that buying a house had got harder, in an remarkable admission for a party that has had home ownership as a central tenet since the days of Margaret Thatcher.

A major worry for an ageing population is the state-run National Health Service (NHS), with millions awaiting treatment due to years of staff shortages and under-funding.

The gap between rich and poor has widened since 2012, making the UK one of the most unequal countries in Europe and the G7, according to the OECD.

With less than three weeks to go to polling day, there is a prevailing mood of pessimism. Voters want change but doubt that their political leaders can provide it, one survey said.

More than one third (37 percent) believe the economy will continue to get worse against just over a quarter (28 percent) who say the opposite, the Ipsos poll suggested.

Only one in five (20 percent) said the country was going in the right direction.

As for the national psychodrama, Brexit, more than half (53 percent) said it had had a negative effect. Yet the two main parties are running shy of talking about it.

- Positives? -

Sunak points to low unemployment, a drop in crime and top marks for British students for reading in international rankings as proof that not all is bad.

Others mention gay marriage, introduced by Cameron in 2014, and the UK's role leading efforts to tackle global warming by greater use of renewables.

But the election is being fought more on the NHS and cost of living, while the Tories, under threat from Nigel Farage's Reform UK, want to talk tough on immigration and promise tax cuts.

Labour are enjoying the Tories' discomfort but reality could soon bite, said Anand Menon, from King's College London.

"There is no doubt Keir Starmer is inheriting a very difficult financial and economic situation," he said.

K.Okada--JT