London Daily

Focus on the big picture.
Friday, Nov 06, 2026

Are we still Conservatives? UK's governing party questions fiscal programme

Are we still Conservatives? UK's governing party questions fiscal programme

Some lawmakers in Britain's governing Conservatives questioned on Friday whether their traditionally pro-low tax, small state party had moved too far to the left with a fiscal programme they said would punish their traditional voters.

Finance minister Jeremy Hunt outlined on Thursday what his team pitched as a progressive fiscal statement that protected the poorest, but which will increase the tax burden for millions of Britons. Just hours later, some lawmakers from his own party were in talks over whether to vote against the budget plan.

They say Hunt's package of measures is a betrayal of some steadfast Conservative supporters - especially in more affluent constituencies, or electoral districts - who will now have to pay more tax.

Some accused him of going too far in trying to restore Britain's reputation for sound finances, dashed by former prime minister Liz Truss's plans for unfunded tax cuts.

But with Rishi Sunak recently installed as the party's third prime minister this year, appetite for rebellion is likely to be limited, at least for now.

One Conservative lawmaker took aim at what he called "stealth taxes" on middle-class voters and the cut to the tax-free allowance on dividends, saying Hunt had all but ended any lingering hopes of winning a national election due in the next two years by moving too close to the opposition Labour Party.

"What was most interesting was that (Labour's finance policy chief) Rachel Reeves offered no alternative. In other words, we appear to have a Social Democrat government approved by a Social Democrat Labour Party," the Conservative lawmaker said on condition of anonymity.

"Where is the difference?"

The lawmaker said some in the Conservative Party were holding calls on Friday to discuss whether to vote against Sunak and Hunt's programme.

One lawmaker, Esther McVey, said earlier this week she would vote against any measures to put up taxes if the government stuck by its pledge to build the High Speed 2 rail project. Hunt said on Thursday the government would deliver on the project.


VOCAL MINORITY


But they might be a vocal minority within the party.

After years of division and the ousting of two prime ministers in the space of 2-1/2 months, the Conservatives have seen their popularity slump, with Labour enjoying a more than 20 point lead over the governing party in opinion polls.

Some lawmakers in more urban and poorer constituencies said Hunt's plans, which protected welfare benefits and matched pension increases to double-digit inflation, would benefit voters who had backed the party at the last election in 2019.

Under former prime minister Boris Johnson, the Conservatives scored a large majority after winning over many traditional Labour voters in northern and central England.

"This is a situation where you just need to hold your nose and vote for it," said one lawmaker. "The government did well to fix the fiscal hole without raising the headline rates of taxes, while protecting the most vulnerable and key public services."

The approaching election might be the factor that saps any rebellion of momentum, with several lawmakers saying the party cannot afford any more infighting.

But their unity might be tested by a record drop in living standards over the next two years, with surging energy bills and food prices set to leave many households significantly poorer.

"Well some of my colleagues will criticise virtually anything because that is what they do," Roger Gale, a Conservative member of parliament, told Reuters.

"They need to grow up and live in the real world. The chancellor (finance minister) has done what the chancellor needed to do to get the economy back on track."

Newsletter

Related Articles

0:00
0:00
Close
Office for National Statistics Reports Escalating Export and Supply Chain Cost Pressures Across British Firms
Consortium of Top Universities Launches UK Quantum SuperConnector to Drive Commercial Research Success
Betfred Terminates Sponsorship of All Five British Classics Following Successive Government Tax Increases
Royal Navy Flagship Arrives in Oslo for High-Level Northern European Security Talks Following Drone Trials
Bank of England Raises Bank Rate to Four Percent Following Persistent Energy Shocks and Middle East Conflict Pressures
High Court Rules in Favor of Comprehensive Transparency Review Regarding Government Artificial Intelligence Procurement Contracts
Home Office Expands Digital Border Security and Electronic Travel Authorization Systems Across International Arrivals
Scottish Government Confirms Accelerated Investment in Offshore Renewable Energy Infrastructure Across North Sea Corridors
Department for Environment Food and Rural Affairs Implements Stricter Water Company Oversight and Environmental Penalties
National Health Service England Unveils Emergency Winter Resilience Package to Tackle Acute Accident and Emergency Backlogs
Office for National Statistics Reports Gross Domestic Product Growth Stagnated at Zero Point One Percent in Third Quarter
Chancellor of the Exchequer Outlines Comprehensive Fiscal Strategy to Stabilize National Borrowing and Public Spending
Bank of England Maintains Base Interest Rate at Five Percent Amid Persistent Service Sector Inflation Pressures
Office for National Statistics Reports Stable Consumer Confidence and Modest Retail Growth Heading into Winter
Welsh Government Launches Strategic Regional Transport Initiative to Modernize Rail Links Across South Wales
Home Office Expands Digital Border Security Controls and Electronic Travel Authorisations for Inbound Visitors
Scottish Government Announces Emergency Housing Investment Package to Tackle Urban Homelessness Crises
Northern Ireland Executive Reaches Bipartisan Consensus on Public Sector Pay Reform and Budget Allocations
Automotive Manufacturing Sector in the West Midlands Welcomes New Electric Vehicle Supply Chain Investments
Department for Energy Security and Net Zero Approves Offshore Wind Expansion in the North Sea
HM Treasury Finalizes Regulatory Framework for Stablecoins and Digital Asset Markets in London
National Health Service Unveils Comprehensive Digital Integration Strategy to Slash Hospital Waiting Lists
Bank of England Leaves Interest Rates Unchanged Amid Persistent Wage Growth and Inflationary Pressures
United Kingdom and Caribbean Nations Agree to Establish Formal Diplomatic Dialogue Following Reparations Discussions
Cambridge University Appoints Senior Barrister to Lead Independent Review into Death of Academic Jason Arday
Historic Hastings Castle and Kent Dickens Chalet Added to National Heritage at Risk Register Amid Deterioration Concerns
Incoming British Ambassador to Japan Calls for Deepened Bilateral Cooperation on Artificial Intelligence and Semiconductors
Milburn Review Urges Employment Revolution to Unlock Workforce Opportunities for Young Disabled Britons
British Healthcare Worker Evacuated from Democratic Republic of Congo to United Kingdom Following Ebola Exposure
United Nations Refugee Agency Criticises Government Proposal for Thirty-Year Earned Settlement Pathways for Asylum Seekers
Parliamentary Inquiry Warns United Kingdom Remains Exposed to Chinese Critical Mineral Dependencies
Bank of England Prepares Interest Rate Decision as Inflation Pressures Prompt Expectation of Four Percent Benchmark
Department for Business and Trade Overhauls Protection Standards for Digital Animation and Moving Image Files
Intellectual Property Office Introduces Thirty-Month Grace Period for International Product Launches
Intellectual Property Office Targets Anti-Competitive Filings With New Powers to Verify Novelty Before Registration
Creative Industries Minister Ian Murray Praises Regulatory Reforms to Safeguard Small Businesses and Micro-Enterprises
Government Unveils Major Design Framework Overhaul to Protect British Creators and Boost Economy
Global Asset Management Reports Surge in British Dividend Payouts Driven by Strong Financial and Mining Sectors
HM Treasury Confirms Strongest Group of Seven Growth Figures as Fiscal Consolidation Plans Progress
Department for Energy Security and Net Zero Approves Construction of New North Sea Offshore Wind Hub
Northern Ireland Executive Finalizes Public Sector Pay Agreements Following Months of Inter-Agency Negotiations
Welsh First Minister Eluned Morgan Secures Cross-Party Support for Regional Clean Energy Infrastructure Bill
Competition and Markets Authority Launches Formal Investigation Into Dominant Artificial Intelligence Cloud Partnerships
United Kingdom Foreign Secretary David Lammy Concludes High-Level Diplomatic Mission to Washington and Ottawa
Scottish Government Announces Emergency Housing Investment Package to Address Escalating Urban Homelessness
Chancellor Rachel Reeves Finalizes Corporate Tax Adjustments Ahead of Upcoming Business Investment Summit
National Health Service England Unveils Emergency Winter Resilience Plan to Combat Projected A&E Overcrowding
Bank of England Monetary Policy Committee Votes to Hold Base Interest Rate Steady at Four Point Seven5 Per Cent
UK Gross Domestic Product Expands by Zero Point Four Per Cent in Third Quarter Driven by Resilient Services Growth
Northern Ireland Executive Agrees on Multi-Year Public Sector Pay Restructuring Framework at Stormont
×