Steve Bannon, former White House chief strategist, has issued a stark warning about the UK’s economic situation on GBN America.
Speaking to the channel, Bannon claimed that the United Kingdom faces “massive financial and economic problems”.
His comments come amidst a backdrop of political turmoil in the UK, with Keir Starmer facing plummeting approval ratings just months after Labour’s landslide election victory in July.
Speaking to Steve Edgington, Bannon explained: “I don’t think that anybody wants to really address this outside of London.
Steve Bannon there are financial challenges in Britain
GBNA
“You could argue that there are many places economically in England, the United Kingdom, that are third world countries.
“As far as the economy goes, the United Kingdom has, I think, some massive financial and economic problems.
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“I think that people have to focus on those problems.
“That should be paramount in a lot of regards to Labour.
“I think the Tories try to play along with this. They’re chasing marginal cultural or social issues that don’t get down to really making a thriving economy where people can prosper.
“So to the degree that his poll numbers are dropping, I think what you have to do is focus on it.
Keir Starmer’s net rating has dropped
PA
“This is why I keep saying in the United States, after this election, with the debt ceiling issue, with the rescission of the tax cuts, President Trump’s tax cuts with this budget, they could have another $2trillion deficit in it.
“We’re going to have our own kind of mini financial crisis starting in early 2025.”
This marks the worst decline for an elected Prime Minister in more than 40 years, according to figures reported.
He said ‘parts outside London are third world’
GBNA
The Labour leader’s approval has fallen by 47 points since the party’s landslide election win in July.
Keir Starmer’s Government has faced criticism over unpopular decisions, including cuts to Winter Fuel Payments for the elderly and the early release of prisoners.
These issues, coupled with controversies surrounding ministerial freebies and donor gifts, have contributed to Starmer’s declining popularity.