Opportunists will try to lay it all at the door of Brexit. But the truth is more complex – not least given rising wages and the knock-on effects of Trump’s tax cuts.
Plus: the official measure of inflation should be changed; student funding requires reform; and the Chancellor must prepare for No Deal.
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.
The first article in our new mini-series studies the lie of the economic land – and the implications of Brexit.
There is a radical, ambitious zeal evident throughout the document, and it is shown again in the desire to end iniquitous disparities between the generations.
Plus: May’s legs, Starmer’s hair, Sturgeon’s legs, Warsi the enemy within, Carswell the rebel without, pigs may fly in Dumfries. And: A Rudd-faced Home Secretary.
The second piece in our pre-Budget series on how to eliminate the structural deficit.
The engaging, diminutive economist economist died ten years ago today. We still enjoy the fruits of his genius.
Both consumer price inflation and higher interest rates are needed.
In a nutshell, the cut was a doubling down on easing Brexit – which matters.
Crucially, he has enhanced the role of our state without falling into the trap of just extending it.
Which raises the question: is it sustainable?
They’re affected by and affect so much else.
But what are they exactly? This question is currently troubling the nation’s statisticians.
The only vision of the fair society that strengthens, rather than saps, our economic competitiveness is the meritocratic kind that boosts social mobility.