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Martin Wolf

UK politics is caught in a vicious downward spiral

If Britain’s Labour Party keeps to its cautious approach, it risks presiding over another period of stagnation and failure.

The British people are disillusioned.

That is the conclusion to be drawn from recent polling on their trust in their government and politics. This is bad enough in itself. But low political trust risks creating a vicious downward spiral in which the distrust lowers the quality of politicians and reduces their ability to make bold, yet essential, policy choices. That then undermines performance even more.

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Financial Times

Martin Wolf is chief economics commentator at the Financial Times, London. He was awarded the Commander of the British Empire in 2000 “for services to financial journalism”.

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    Original URL: https://www.afr.com/world/europe/democracy-needs-bold-leadership-not-wedge-politics-20240205-p5f2c7