{"id":3100,"date":"2021-06-27T07:52:00","date_gmt":"2021-06-27T07:52:00","guid":{"rendered":"https:\/\/www.bowgroup.org\/?p=3100"},"modified":"2021-07-07T17:02:03","modified_gmt":"2021-07-07T17:02:03","slug":"daily-express-conservative-think-tank-warns-looming-economic-crisis-will-scupper-tory-poll-success","status":"publish","type":"post","link":"https:\/\/www.bowgroup.org\/daily-express-conservative-think-tank-warns-looming-economic-crisis-will-scupper-tory-poll-success\/","title":{"rendered":"Daily Express: Conservative think tank warns looming economic crisis will scupper Tory poll success"},"content":{"rendered":"\n

Find the full article at the Daily Express.<\/a><\/p>\n\n\n\n

Chair of the\u00a0Conservative\u00a0think tank, the Bow Group, Ben Harris-Quinney explained to Express.co.uk the now popular local investments made by the Conservative government will only get them so far as coronavirus is set to cause economic turmoil for the country. Ben Harris-Quinney added the conservative ideology promotes \u201cfiscal responsibility\u201d and while the Tories enjoy a huge lead both in the House of Commons and in the polls, he says a \u201creckoning\u201d will happen once the country moves out of the\u00a0coronavirus\u00a0pandemic. It comes as some polls put the Conservatives ten points ahead of Labour with former Labour strongholds being lost to the Tories.\u00a0<\/p>\n\n\n\n

Speaking to Express.co.uk, Mr Harris-Quinney was asked how the Conservative Party was carrying out Labour’s traditional selling point of local investments and what place Labour has in the political landscape. <\/p>\n\n\n\n

But the think tank chief was sceptical the moves from the Conservatives would be a successful long-term play considering the economic fallout from COVID-19.<\/p>\n\n\n\n

He explained: \u201cIt’s very easy to spend money and, in the short term, tends to make you popular with the public. Because the things that you’re doing like investment in communities tend to be very popular in those communities.”<\/p>\n\n\n\n

“The problem is that whilst the Conservatives came in in 2010 promising to deal with the national debt, what has happened since is that the national debt has almost tripled.\u00a0<\/p>\n\n\n\n

\u201cWe have a debt to GDP ratio now of over 100 percent which is roughly where Greece was going into the 2008 economic crisis.”<\/p>\n\n\n\n

Mr Harris-Quinney continued: \u201cAnd I think we are headed into another economic crisis that is fostered by the coronavirus.<\/p>\n\n\n\n

\u201cAnd when that happens, I think the popularity of the Conservative Party will decline very significantly. <\/p>\n\n\n\n

\u201cOne of the key tenets of conservatism is fiscal responsibility. <\/p>\n\n\n\n

\u201cMargaret Thatcher famously said that if you wouldn’t run your household budget like that – with massive debt and spending far more than you’re taking in – you can’t run a country like that.\u00a0<\/p>\n\n\n\n

Find the full article at the Daily Express.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Find the full article at the Daily Express. Chair of the\u00a0Conservative\u00a0think tank, the Bow Group, Ben Harris-Quinney explained to Express.co.uk the now popular local investments made by the Conservative government will only get them so far as coronavirus is set to cause economic turmoil for the country. Ben Harris-Quinney added the conservative ideology promotes \u201cfiscal […]<\/p>\n","protected":false},"author":2,"featured_media":2011,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[21,25],"tags":[38],"yoast_head":"\nDaily Express: Conservative think tank warns looming economic crisis will scupper Tory poll success - The Bow Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bowgroup.org\/daily-express-conservative-think-tank-warns-looming-economic-crisis-will-scupper-tory-poll-success\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Express: Conservative think tank warns looming economic crisis will scupper Tory poll success - The Bow Group\" \/>\n<meta property=\"og:description\" content=\"Find the full article at the Daily Express. Chair of the\u00a0Conservative\u00a0think tank, the Bow Group, Ben Harris-Quinney explained to Express.co.uk the now popular local investments made by the Conservative government will only get them so far as coronavirus is set to cause economic turmoil for the country. 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