A Mañana Budget?

Given the resistance of Tory MPs to spending cuts and tax rises, Hammond’s easiest course would be to push any into the future. But this wouldn’t be problem-free…

Public sector payback time

Its awards consume roughly a quarter of public spending. It is hard to see where the tax hikes or spending scaleback to fund them will come from if the Chancellor sticks to his guns.

One isn’t enough

The Electoral Reform Society calculates that a tiny change in votes would have given May a bare majority last spring. But how much difference would this have made?