When the new pound coin was compared with the threpenny bit, a currency that I think was last used in 1368, we should have known this would be a Budget for those in their dotage. The Conservative party’s core vote has eroded, in part because of the rise of the United Kingdom Independence party, which for all its huffing about the EU is more concerned with the familiar: immigration and living standards. The chart below, via IpsosMori/the Guardian shows the extent of this erosion. It depicts voting intention by age. Last year, for the first time, baby boomers became no more likely to say they would vote Conservative as the so-called Generation X (1966-1979).
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