Beyond the Slogan: The Conservative Record in Full
1/ Before we even get to “14 years of Conservative Government, let’s start earlier.
The Iraq War was a Labour decision.
Half the UK’s gold reserves were sold at historic lows under Labour.
We were promised “no more boom and bust” yet Britain entered the worst financial crisis in modern times.
Those decisions shaped the 2010 inheritance.
2/ In 2010 the Conservative–Liberal Democrat coalition inherited a deficit of around 10% of GDP and an economy reeling from the global crash.
Bank lending froze. Borrowing surged. Confidence was fragile.
Deficit reduction became the central priority.
3/ The deficit fell over time and employment later reached record levels before the pandemic.
But austerity had consequences. Public services were squeezed. Local government funding fell. The recovery was uneven.
Stability came with trade-offs.
4/ In 2015 voters delivered a Conservative majority under David Cameron.
A referendum on EU membership had been promised. The public were given that choice.
In 2016 the country voted to leave.
Brexit was not imposed — it was decided.
5/ The years that followed were marked by division and parliamentary deadlock.
Theresa May struggled to secure agreement on the terms of departure.
In 2019 Boris Johnson won an 80-seat majority promising to break the impasse. Brexit legislation passed. The UK formally left the EU.
6/ Then came Covid.
The government introduced furlough and emergency business support. Millions of jobs were protected. The UK moved quickly on vaccine rollout.
But borrowing surged. Lockdowns had economic and social consequences. NHS backlogs grew. Public trust was strained.
7/ After Boris Johnson’s resignation, Liz Truss attempted a rapid economic shift.
Markets reacted badly. Mortgage rates rose. Confidence was shaken.
The damage to the party’s economic reputation was significant.
8/ Rishi Sunak focused on stabilisation.
Inflation fell from its peak. Markets steadied.
But public services remained strained. Migration targets were missed. Living standards had been under pressure for years. After 14 years, voter fatigue was real.
9/ We inherited an economy reeling from financial collapse.
We gave the people a choice on Europe.
We governed through a pandemic and war returning to Europe.
We are not perfect.
Fourteen years cannot be reduced to a slogan. It was recovery, decisions, shocks, achievements, mistakes and eventually a loss of trust.
Renewal starts with honesty.