When the UK Conservative Party won the election in 2010, they took a butcher’s knife to the budget.

David Cameron’s moneyman George Osborne the young heir to a wallpaper fortune had a big plan called austerity, but it put the country on a journey to total chaos.

This is the first episode in a fourpart series called Who Broke Britain.
It’s about the past 14 years of Conservative Party leadership, all the way up to the general election that’s happening next month.

London was once the largest city on Earth capital of a global empire larger than any other in the history of the world.

Even as recently as 17 years ago, Britons were the richest people in any of the world’s large economies.

Since then, they’ve gone backwards, more than any other large economy.
Britain feels broken. So, who broke it?

Matt Bevan takes a look.

Part 2: Brexit:    • Who Broke Britain? Part 2: Brexit | I...  
Part 3: COVID and the NHS:    • Who Broke Britain? Part 3: COVID and ...  
Part 4: The Tories are out    • Who Broke Britain? Part 4: The Tories...  

Subscribe: https://ab.co/3yqPOZ5

Welcome to ABC News Indepth, where you'll find our longform journalism and other videos to help you understand what's going on in the world around you.

Watch more ABC News content adfree on ABC iview: https://ab.co/2OB7Mk1

For more from ABC News, click here: https://ab.co/2kxYCZY

Get breaking news and livestreams from our ABC News channel:    / newsonabc  
Like ABC News on Facebook:   / abcnews.au  
Follow ABC News on Instagram:   / abcnews_au  
Follow ABC News on Twitter:   / abcnews  

Note: In most cases, our captions are autogenerated.

#ABCNewsIndepth #ABCNewsAustralia