This year’s Budget will go down as the one that brought an official end to austerity. Although some tax increases from earlier periods have still to work their way through the system, spending increases will mean a return to pre-austerity levels in the next couple of years. Indeed, Robert Chote, the outgoing head of the …
Was this a Brexit Budget in Disguise?
This was the first Autumn Budget, and a bit like the climate one typically gets at this time of the year the economic outlook in it was a bit gloomy. Because of assumptions about lower productivity – in 16 of the last Budgets it has been forecast to return to its long-term rate of growth …
Budget 2017 summary – steady as you go or a denial of reality?
This was not a Budget that will live long in the memory, or the history books. Other than, of course, that under this government and Chancellor, it will be the last spring Budget. Recall though that Norman Lamont also decided to do something similar about twenty years but it never happened – because he got …
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