United Kingdom: Sunak, a purebred conservative, supported by the most leftist wing of the ‘tory’

Rishi Sunak, primer ministro UK.

There is finally a Prime Minister in the UK. Rishi Sunak, British citizen, Hindu, born in Southampton to professional East African immigrant parents. The most conservative wing of the Tory party, to which he belongs, had always looked at him as a kind of socialist for his tax increases, the highest in the last 70 years.

Naturally, a counterpart had to be found for the increases in public spending during the pandemic. This new prime minister, supported by the centrist and leftist factions of the conservative parliamentarians, has promised austerity, but also to take care of the most disadvantaged with preference.

Mrs. Truss’s goodbye policy has been combined with the perverse consequences of Brexit, helping to ruin the expectations that saying goodbye to the Brussels bureaucracy and the international restrictions of the European Union would seek. Now, the project of a sovereign and ultra-liberal country that Brexit promised is today, as Gary Streeter, an implacable critic of Jon Mayor, has said: “Truss and his policies have ruined Brexit and the free market in the United Kingdom for a generation” .

In 199, when Labor won the election, Tony Blair and Gordon Brown followed the fiscal path set by the Chancellor of the Exchequer, Kenneth Clarke, who served in that role with the Conservatives between 1993 and 1997. This was a clear signal when it came to put the interests of the nation before those of the Labor Party.

The United Kingdom, with the two parodies of rulers missing, Johnson and Truss, has no choice but to face reality and refrain from fantasies. An inflation of 10%, strikes, hospitals in crisis and threats of blackouts in electrical supplies. A reality and some signs that the Spanish conservatives cannot forget by correcting their proclamations of tax cuts. Lowering taxes and reducing the budget deficit would make it more expensive to finance our public debt.

Nor are the times that we Spaniards live in easy. High energy prices that reverberate throughout the productive system, spreading the deleterious effects of inflation and its heavy burden on citizens and businesses. State aid during the pandemic has favored those most affected, but it has also increased public spending and consequently the budget deficit.

The recovery in recent quarters has made it possible to increase revenues and lower the ratio between the budget deficit and GDP. Now it would be foolhardy to forget about it.

Sunak, finally, may be able to restore the bad state of the British economy and finances, but what is more problematic is to restore the unity of the Conservative party. If Sunak does not succeed, there is no other solution than calling elections.