The Chancellor should have focused on sustainable tax rises, not spending magic money
Instead, tax cuts will exacerbate inequality while foregoing the revenue required for a more active and entrepreneurial state.
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Economics
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Economics
Podcast: The 2018 Budget Special
The New Statesman podcast with Helen Lewis and Stephen Bush.
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Budget 2018: The OBR shows how Brexit has hurt the UK economy
The Office for Budget Responsibility warns that the economy is 2 to 2½ per cent smaller as a result of the…
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Jeremy Corbyn says nothing new – but Hammond’s Labour-lite offer means he doesn’t have to
The most significant response to a rival’s economic prospectus came not from the leader of the opposition, but the Chancellor.
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Philip Hammond’s promise of “little extras” for schools sums up his poundshop Budget
A smattering of small change for school supplies and potholes exposes a hollow plan designed only for Tory soundbites.
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Philip Hammond addressed his Budget to carers – but his social care plan insults them
Service users and Tory MPs alike will suffer from the Chancellor’s failure to provide proper funding.
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Budget 2018: Austerity continues as Philip Hammond gives a tax cut to higher earners
This was a budget targeted at rewarding and reassuring the top 15 per cent of earners.
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Theresa May and Philip Hammond’s rows over austerity expose the government’s great weakness
Unlike David Cameron, the Prime Minister is working against, not with, her Chancellor.
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