Letter of the week: Rebalancing our debts
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Economy
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Economy
The return of inflation is bad news for Labour
The government’s room to manoeuvre is disappearing fast.
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The provincial working class is being abandoned by Labour
The Budget proved it – the Treasury can’t be trusted to reverse the inequality of poorer regions with London.
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Labour’s Budget headaches aren’t over
Poor economic growth could force Rachel Reeves to choose between cuts and more tax rises.
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The UK has moved closer to European social democracy
Rachel Reeves is increasing taxes, investment and regulation in pursuit of a different economic model.
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Labour’s economic tightrope
Having raised taxes and spending, Labour must now deliver improved services.
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Labour has imposed a £19.5bn stealth tax
The biggest revenue-raising item in the Budget will be paid for by employees.
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Paul Johnson: “Labour might get lucky on growth”
The IFS director on Rachel Reeves’s first Budget and why he’s standing down next year.
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