This year, we will see upwards of 40 general elections globally. The big ones are the US Presidential Election, a UK General Election, and an election in India to name but a few. Invariably, candidates will try to position themselves as the candidate of change – even if they are the incumbent. This is the case with Rishi Sunak which is no easy task after 14 years of Conservative government. The reality though is that with the state of the UK public finances, there is going to be little room for change no matter who wins the election. Getting out of the current funk of low growth, economic stagnation and unprecedented pressure on public services will dominate the political agenda for the next decade.
