IESET.
Drift overview·GBR

United Kingdom

≈ stable21 movements coded · 18462024·final composite drift: +2.0
tone legendleft / state-expansionright / marketcentrist / mixedauthoritarian

Composite statist-drift trajectory with movements

fiscal axes — what moved and which way

sectoral subsidyspending leveltax capitaltax corporatetax progressivitytransfer expansion

regulatory axes — what moved and which way

energy supply securityenvironmental stringencyfinancial deregulationimmigration opennesslabour market flexibilityproduct market competitionsectoral licensingtrade openness

monetary axes — what moved and which way

central bank independencemonetary expansion direction

institutional axes — what moved and which way

property rights

Movement timeline (21)

YearMovement
1846–1849Peel ministry + Corn Law repeal (UK 1841-1846)
peel_conservative_split_1846
1906–1914New Liberalism and prewar welfare reforms (UK)
uk_new_liberalism_1906_1914
1945–1951Attlee government: welfare state and nationalisations (UK)
uk_attlee_welfare_state_1945_1951
1976–1979UK Callaghan IMF loan and end of post-war consensus
uk_callaghan_imf_1976
1976–1979UK Callaghan Labour government (broad): Social Contract, IMF adjustment, end of consensus
uk_callaghan_labour_1976_1979
1979–1990Thatcherism
thatcherism
1979–1983Thatcher first term: disinflation, MTFS, opening privatisations
uk_thatcher_first_term_1979_1983
1983–1987Thatcher second term: Miners' Strike, Big Bang, BT and British Gas privatisations
uk_thatcher_second_term_1983_1987
1986–1993EU Single Market programme (1992 Project)
eu_single_market_1993
1987–1990Thatcher third term: Poll Tax, Lawson Boom, ERM entry
uk_thatcher_third_term_1987_1990
1990–1997UK Major government: ERM, privatisations, PFI
uk_major_post_thatcher_1990_1997
1990UK planning-restriction regime persistence
uk_planning_restriction_regime
1997–2005Blair New Labour first and second terms
uk_blair_first_second_term_1997_2005
2007–2010UK Brown Labour GFC-Keynesian stewardship 2007-2010
uk_brown_labour_2007_2010
2010–2016UK Cameron–Osborne austerity
uk_cameron_osborne_austerity_2010_2016
2016–2020Brexit — UK departure from EU
uk_brexit_2016_2020
2016–2019UK May Conservative Brexit-negotiation government 2016-2019
uk_may_conservative_2016_2019
2019–2022Johnson Conservative government (UK)
uk_johnson_conservative_2019_2022
2021–2024UK industrial energy cost regime
uk_energy_cost_regime_2021_2024
2022–2024Sunak Conservative government (UK)
uk_sunak_conservative_2022_2024
2024Starmer Labour government (UK)
uk_starmer_labour_2024_present