观天下·英国｜工党执政将满一周年 英国财相为何泪洒议会

Group 1 - The unexpected emotional outburst of Chancellor Rachel Reeves during a parliamentary session has drawn significant attention, leading to a 0.9% drop in the GBP/USD exchange rate and an increase in UK government bond yields [1] - The Labour Party's internal divisions over welfare reform have resulted in a £5 billion (approximately $6.8 billion) fiscal gap, complicating the government's financial situation [2] - Public support for the Labour government appears to be waning, with 43% of respondents in a recent poll stating that the party has made no progress since taking office, while only 21% believe their lives have improved [3] Group 2 - The Labour government has focused on fiscal policies that do not raise personal taxes, VAT, or national insurance, while increasing revenue through capital gains tax and other measures, aiming for an additional £40 billion (approximately $54.6 billion) [2] - The government's strict fiscal rules, which require a continuous decrease in public debt as a percentage of GDP, have left little room for budget flexibility, leading to a cycle of immediate adjustments or spending cuts in response to new challenges [5] - The Labour Party's shift towards more stringent immigration policies reflects an attempt to balance the demands of both right-leaning and left-leaning voters, amidst rising pressures from emerging right-wing parties [7][8]