Mr Macron and Prime Minister Edouard Philippe’s popularity ratings hit new lows as the “yellow vest” protests gathered speed, according to an Ifop-Fiducial poll. The young centrist has been hit by a wave of popular discontent over a planned eco-tax rise, which quickly morphed into a broader rebuke of his aloof leadership style and tough policies. Mr Macron’s satisfaction rating fell to 23 per cent in November, down six percentage points on the previous month, the poll for Paris Match and Sud Radio showed.

Mr Philippe’s approval rating fell by 10 percentage points to 26 per cent.

Seventy-six per cent of those interviewed said they were “dissatisfied” with Mr Macron’s actions as president, with half stressing they “totally disapproved” of his actions.

The 40-year-old leader’s score now matches the low recorded by his socialist predecessor François Hollande in late 2013, according to Paris Match. Mr Hollande is widely considered to be the least popular head of state in modern French history.

Now BFMTV says left-wing parties within the French parliament have agreed to discuss a no confidence vote against Mr Macron’s government

The first “yellow vest” demonstrations – so-called because of the high-visibility jackets all French motorists must carry in their vehicles – were held to contest planned fuel tax increases, but have since evolved into a broader protest movement against Mr Macron, who is accused of turning a blind eye to the rising cost of living that has left many struggling to make ends meet.

The “yellow vest” revolt caught Mr Macron unawares when it erupted on November 17, and has left him scrambling to respond to and defuse the deepest crisis of his presidency.

Four people have died and dozens have been injured in the rallies, which opinion polls suggest still attract the support of around two out of three French people.

On Tuesday, his centrist government caved in and surrendered to the rioters, announcing a six-month suspension of the fuel tax increase – but not a scuttling of it – in response to the violent protests, which are now in their third week.

However, the measure is seen as “too little, too late” by many protesters whose anger is increasingly focused on the embattled centrist.  

“The French don’t want crumbs, they want the whole baguette,” Benjamin Cauchy, one of the movement’s organisers, told AFP, although he welcomed what he called “a first step” towards a “redistribution of wealth in France”.

The suspension marks the first major U-turn by the Macron administration after 18 months in power.

It is however expected to cost France around 2 billion euros (£1.78 billion), a government source told Reuters on Tuesday.

This gaping hole in public finances will be funded entirely by corresponding spending cuts so that the French budget deficit does not veer from its planned target of 2.8 per cent in 2019, the source added.

The Ifop-Fiducial poll of 1,004 people was carried out between November 29 and November 30.

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