British business confidence has hit a two-year low, as fears of a potential recession mount. This news has been met with criticism from Labour, who have accused the Conservative government of unethical tax practices.
The criticism comes as senior Conservatives have come under fire for their own tax and financial practices. Shadow Chancellor Anneliese Dodds has called out the government for failing to take responsibility for their actions.
The Conservatives have also been criticised for their lack of action when it comes to tackling inequality. The Guardian has published an opinion piece stating that the party is a ‘party of the rich, for the rich’.
Chancellor Rishi Sunak has been called the ‘political equivalent of a painkiller’, as he has been praised for his quick action in tackling the economic crisis. However, some have questioned whether this is enough to prevent a potential recession.
It remains to be seen how the government will respond to the mounting economic pressure. With business confidence at a two-year low, it is clear that more needs to be done to protect British businesses and the economy.
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