The Intelligence from The Economist Oh Keir! Labour’s torrid first year
7 snips
Jul 4, 2025 
Matthew Holhouse, British politics correspondent; Vishnu Padmanabhan, Asia correspondent; and Tom Lee-Devlin, Business editor, delve into the Labour government's struggles in its first year, marked by policy failures and waning public support. They analyze internal conflicts within Labour alongside significant global events in Bangladesh, highlighting the political upheaval and youth activism. The discussion also touches on Ferrari's remarkable market resilience and challenges as it transitions to electric vehicles, questioning the balance of exclusivity and sustainability.
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Labour's Struggles in First Year
- Labour government has faced a humiliating first year with scrapped plans and internal rebellion.
- It struggles to balance promised radical renewal against political and economic realities.
Labour's Foundational Challenges
- Labour set three foundations: economic stability, secure borders, and increased defence spending.
- Progress has been slow amidst challenging economic conditions and complex migration issues.
Voters Want Tangible Benefits
- Voters prioritize concrete improvements like lower energy bills and reduced emergency room wait times.
- Abstract targets like growth or new police recruitment are less understood or valued by the public.