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 …
UK 2019 economy to be dominated by Brexit?
Well, that was an exciting year. With article 50 triggered, negotiations on the UK’s withdrawal from the EU dominated politics and consumed government energy. Negotiations were fraught, with frantic toing and froing between the UK and Europe as the deal evolved to its conclusion through 2018. But it also impacted the economy. In particular, uncertainty …
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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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