For the past 15 years, the UK economy has been stuck in a cycle of low growth, high debt and political instability. Public services are strained, businesses are struggling to expand and the government has turned to spending cuts to balance the books. But how did Britain end up here — and is the Conservative government’s economic record to blame? To understand the roots of this stagnation, we need to examine the key policy decisions, political missteps and structural challenges that have shaped the UK’s economic trajectory since the financial crisis of 2008 . Austerity (2010–2016): Shrinking the State In the wake of the 2008 financial crash, David Cameron’s government introduced sweeping austerity measures aimed at reducing the budget deficit. Under Chancellor George Osborne, the government slashed public spending, including cuts to local government budgets, welfare benefits, public sector wages (which were frozen for years) and infrastructure projects. The goal was to rest...
Truth Not Myth is a space for rigorous examination of history, politics, and the social currents shaping our world. Not alternative facts, just alternative lenses. The past is still happening. Thoughtful analysis meets sharp, accessible writing to connect the dots between past systems and present realities, tracing the stories others leave undrawn. Because understanding where we are starts with knowing how we got here.