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Ainsley in Politico EU: Keep calm and carry on: Britain’s finance minister tries to dodge the Biden trap

  • March 4, 2026
  • Claire Ainsley

[…]

Labour MPs and aides tried to learn lessons from the Democrats’ defeat in 2024, with several exchanges and meetings brokered through center-left U.S. think tanks such as the Progressive Policy Institute.

Claire Ainsley, director of the PPI’s project on center-left renewal, said: “The British government appears to be learning the lessons from the Democrats, which is talk about the economy in the way people experience it.”

But, Ainsley went on, “the Democrats also had very strong economic growth in which to do that and that is not the projection for the British economy in the 2020s. So Labour has to be very careful about not promising that people are going to be better when there are so many uncertainties.”

The U.K. government adviser referenced above added: “Things have definitely moved on from 2024 when there was this idea that doing kind of Biden-y things would result in being rewarded.” Likewise, they added, “[Trump’s] economic numbers are terrible. They’re not something to emulate.”

[…]

Read more in Politico EU

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