Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      My ride in a helicopter over London as Leonardo expands its UK presence

      Helicopter flying over urban landscape during daylight, showcasing cityscape and modern infrastructure for news report.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      2026 World Cup: England only attract half as many bets as Norway to lift trophy

      Breaking news concept with digital globe and financial charts, signifying global economy and stock market trends.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Old Pulteney releases 50-year-old whisky for 200th anniversary

      Old Pulteney 50-Year-Old single malt Scotch whisky bottle with elegant packaging on display, highlighting luxury and craft...

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Tuesday 02 September 2025 6:00 am  |  Updated:  Monday 01 September 2025 2:54 pm

Keir Starmer’s approval rating sinks to record low 

By: Mauricio Alencar

Politics and Economics Reporter

Add as a preferred source on Google
Keir Starmer and Rachel Reeves have been warned a capital gains tax raid would stifle investment in the UK.
Starmer's issues are adding to job market concerns.

Keir Starmer’s approval ratings have hit a record low, a CityAM/Freshwater Strategy poll has shown, as pressure mounts on the government ahead of the Budget.

Research by CityAM and the advisory firm Freshwater Strategy has highlighted the growing discontent among voters over the UK government’s poor performance after a year in office. 

Starmer’s net approval hit a record low of minus 41 while Conservative leader Kemi Badenoch’s approval dropped by two points to minus 17. 

The monthly poll, which began in January, also showed Nigel Farage’s approval ratings to be in negative territory as it slipped to minus six. 

The drop in approval ratings exposes the intense pressure Labour faces ahead of this year’s autumn Budget as Chancellor Rachel Reeves is poised to raise at least £20bn in taxes in order to rebuild her fiscal buffer. 

The majority of voters (57 per cent) said they would rather the government made tax and spending cuts while nearly one third (32 per cent) said they would prefer tax increases to fund public services. 

Half of Labour voters (51 per cent) said they would prefer tax cuts over more spending. 

But desires did not match with expectations as three quarters of voters said they were anticipating tax hikes, with around four in five (78 per cent) claiming they feared the damage taxes could do to the UK economy. 

Out of the rumoured tax hikes coming later this year, increasing duties on alcohol and extending national insurance to rental income received the most support. 

Introducing capital gains on primary property sales and reducing the tax-free pension lump sum were the least popular tax hikes polled. 

Read more

Is Zack Polanski’s honeymoon over? 

Zack Polanski speaking at a podium during a press conference, wearing a suit, with a cityscape backdrop and attentive audi...

Keir Starmer’s focus on economics

The return of parliament on Monday came with a flurry of new appointments made by Starmer aimed at bolstering No10’s policies on the UK economy. 

Darren Jones was made the chief secretary to the prime minister after having previously served as chief secretary to the Treasury. 

Starmer also recruited former Bank of England deputy governor Minouche Shafik as his economics adviser and Dan York-Smith, a civil servant in the Treasury, as his principal private secretary. 

The Conservative opposition said the changes in personnel did not bode well for Rachel Reeves, with shadow business secretary Andrew Griffith claiming Starmer should have “gone the whole hog and fired her”. 

Labour will be hoping it can claw back the support that allowed it to secure the largest majority government in 25 years. 

But opposition parties will now push to persuade voters to back them at the ballots, with Reform UK’s party conference set to take place this weekend. 

Ousted Labour politicians Jeremy Corbyn and Zarah Sultana are meanwhile looking to finalise branding for a new party that will challenge the government from the left. 

CityAM/Freshwater Strategy polling showed voters disliked Jeremy Corbyn and Zarah Sultana, with their respective net approval ratings shown to be minus 27 and minus seven. 

It is the first time voters were asked about the pair in CityAM/Freshwater Strategy’s poll, although a majority of respondents said they had either never heard of Sultana or did not have an opinion on her. 

Method note: Freshwater Strategy interviewed n=1,251 eligible voters in the UK, aged 18+ online, between 29-31 August 2025. Margin of Error +/- 2.8%. Data are weighted to be representative of UK voters. Freshwater Strategy are members of the British Polling Council and abide by their rules.

Read more

Replace Reeves if Starmer goes, voters tell Labour

Keanu Reeves in a thoughtful pose, wearing a formal suit, looking contemplative during a business meeting or press event.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Economics
  • Politics

People & Organisations

  • Autumn Budget 2025
  • CityAM / Freshwater Strategy poll
  • Darren Jones
  • Freshwater
  • jeremy corbyn
  • Keir Starmer
  • Kemi Badenoch
  • Labour
  • Nigel Farage
  • Rachel Reeves
  • Tax
  • UK Government

Trending Articles

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • London Tech Week sums up everything wrong with UK tech

More from CityAM

  • Is Zack Polanski’s honeymoon over? 

    Politics
    Zack Polanski speaking at a podium during a press conference, wearing a suit, with a cityscape backdrop and attentive audi...
  • Replace Reeves if Starmer goes, voters tell Labour

    Politics
    Keanu Reeves in a thoughtful pose, wearing a formal suit, looking contemplative during a business meeting or press event.
  • Voters – and markets – fear a lurch to the left under new Labour PM

    Politics
    Andy Burnham speaking at a Labour Party event, addressing current political issues, with a focused and determined expression.
  • Cabinet ministers urge Starmer to set path for succession

    Politics
    Prime Minister Keir Starmer speaks at a press conference addressing future leadership rumours, wearing a navy suit and tie.
  • Local elections were a death knell for two-party politics

    Opinion
    Prime Minister Keir Starmer speaks at a press conference addressing future leadership rumours, wearing a navy suit and tie.
  • Labour may not agree with Blair, but the public does…

    Opinion
    Tony Blair delivering a speech at a conference podium, discussing current global political issues.
  • London local elections 2026: Who will win in the borough of Camden?

    London
    Voters in London casting ballots at a polling station during local elections, highlighting civic engagement and democratic...
  • NATO military chief presses UK to accelerate defence pledges

    Politics
    Keir Starmer discussing UKs defense strategy with BAE Systems executives in a formal meeting setting

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies