Hammond was right to postpone the date by which he aims to achieve a balanced budget. But whether or not Tory MPs really have the appetite for one is doubtful.
Posts Tagged: debt
My Private Members’ Bill would improve the situation for lenders as well as borrowers.
See his support for protectionism, big government, big debts – and more.
It should be used to pay for what we owe in our pensions and benefits system – and thus provide more inter-generational justice.
Dominic Raab: This new year. Turbulence in Europe, but progress worldwide – and golden opportunities for Britain
Quietly, public support for getting on with delivering Leave will continue to swell.
“A missed opportunity.” “Spending barely trimmed.” It’s a thumbs-down for the Chancellor from centre-right think tanks
The Centre for Social Justice applauds the Universal Credit changes. But praise elsewhere is thin.
Hammond’s debut. His big task is to persuade business that an Open Britain lies ahead after we leave the EU
Circumstances dictate a suck-it-and-see Autumn Statement – but also one that can transcend its own caution by pointing to a visionary landscape ahead.
Alex Morton: May should call an general election next spring. Britain’s economic position demands it.
She needs the larger majority that a poll would deliver if she is to achieve her programme at a time of pre-Brexit turbulence.
It is not so much like a parent or a nanny as a brother. Not Big Brother, to be sure, but Little Brother – to be treated both with sibling rivalry and understated love.
“Throughout the negotiating process, we are ready to take whatever steps are necessary to protect this economy from turbulence.”
“People did not vote on June 23rd to become poorer or less secure.” Hammond’s Conference speech: full text
“As we negotiate our exit from the EU, this Government will fight for the best possible deal for British business and British workers.”
The Prime Minister and Hammond must choose between risks.
We need new generating capacity to keep the lights on.
Both consumer price inflation and higher interest rates are needed.
Why the Bank of England’s interest rate decision was right. And how the Prime Minister can inch towards her social reform economy.
In a nutshell, the cut was a doubling down on easing Brexit – which matters.