The same story also covered by Skwawkbox: https://skwawkbox.org/2024/08/24/labours-net-public-approval-collapses-like-starmers-in-just-3-weeks/
The same story also covered by Skwawkbox: https://skwawkbox.org/2024/08/24/labours-net-public-approval-collapses-like-starmers-in-just-3-weeks/
You may be right about interest rates but there is a vast amount of existing money in the UK which is simply serving itself rather than being directed towards public investment. Austerity is a political choice imo.