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PRIVACY
Opinionopinion

What’s behind the rise in popularity of Tory Party?

Tories believe that voters are beginning to feel more optimistic about the future. Opinion polls suggest that Labour’s lead over the Conservatives is narrowing.

Ed Miliband

It was tempting last year to imagine Labour had the next election in the bag.

The Government’s economic strategy appeared to be a failure. Instead of enjoying economic growth, the country apparently entered a double-dip recession at the start of 2012.

George Osborne, the Chancellor, saw his reputation plummet after a disastrous Budget which gave us the “granny tax” – the abolition of the “age-related allowance”, effectively a tax-break on pensions – as well as an unpopular increase in petrol duty. And opinion polls showed Labour well in the lead.

Labour MPs certainly had a spring in their step as they contemplated the prospect of party leader Ed Miliband entering Downing Street after the next election.

But the mood has changed. It turned out that the economic figures were wrong and the º£½ÇÊÓÆµ did not suffer a second recession last year after all (although Labour’s charge that the economy had “flatlined” was correct – growth was zero rather than negative).

George Osborne’s sins were forgiven, by his own side at least, following a series of U-turns over many of his budget errors.

And while economic growth remains slow – with the International Monetary Fund predicting growth of 0.9 per cent this year – the economy is at least moving in the right direction.

This has allowed the Government to claim the economy is moving from “rescue to recovery”.