Truss’s approval rating drops after mini-budget turmoil

Liz Truss’s approval rating has plummeted in the wake of the financial market turmoil that followed Chancellor Kwasi Kwarteng’s mini-budget, according to a new opinion poll.

Opinium’s latest poll found that more than half of the public – 55% – disapprove of the work they do, versus just 18% who agree – a net rating of minus 37.

Support for Mr Kwarteng showed a similar decline, with 55% dissenting versus 15% agreeing – a net rating of minus 40 – down 30 points from a week ago.

Half – 51% – thought he should quit, versus 18% who want him to stay, while almost as many, 48%, want Ms Truss to leave, while 26% say she should carry on.

In contrast, Labor leader Sir Keir Starmer’s rating rose to 38% in favor versus 29% against – a net rating of plus nine versus minus four last week.

Overall, Labor has gained a 19-point lead over the Tories – with support for Sir Keir’s party rising seven points to 46% while the Conservatives fall seven to 27%.

When it comes to the economy, just 20% believe the Conservatives are best placed to handle it, down 10 points on the week, while 39% believe it would fare better under Labour, up around 10 points.

This means that within a week, a one-point advantage for the Tories on this issue has turned into a 19-point advantage for Labour.

:: Opinium Research conducted an online survey of 2,000 UK adults aged 18+ between 28th and 30th September.

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