Tag: OBR

Budget speculation kills growth

The further contraction in the UK economy in October confirms that Budget speculation has killed growth, with GDP falling by 0.1% on both the single month and three month on three month comparisons. What’s more, the weakness was broad based (so not just the fallout from cyber attack at JLR). But this leaves some important questions to … Continue reading Budget speculation kills growth →

The Chancellor’s gaslighting has reached new lows

When in opposition, Rachel Reeves claimed that “the Conservatives are gaslighting the British public". When she became Chancellor, she insisted that she would not “gaslight” working people herself. This can surely now be added to the long list of broken promises. The prolonged uncertainty ahead of the Budget had already harmed the economy. But confirmation … Continue reading The Chancellor’s gaslighting has reached new lows →

Rachel Reeves gambles on a ‘make do and break promises’ Budget

After months of damaging speculation, the Chancellor delivered yet another ‘tax and spend’ Budget which will do little to tackle any of the UK’s deep-rooted economic problems. The Chancellor’s biggest challenge was to persuade enough people that she will not just be coming back again for more next year. Only time will tell whether this … Continue reading Rachel Reeves gambles on a ‘make do and break promises’ Budget →