The party’s new left has put forward the most transformative economic proposal since the Roosevelt era.
The economic debate is moving towards Labour terrain, but the party won’t seize the advantage.
Old politicians tend to believe their own propaganda, and the former Chancellor is no exception.
“We did get things wrong,” the former Chancellor admitted on Newsnight. But not – according to him – regarding welfare.
The Guardian columnist railed against the former chancellor’s “despicable” treatment of the poor.
The Budget doesn’t lift it, Labour wouldn’t reverse it – why is austerity’s harshest attack still going?
Philip Hammond is trying to raise the question of which party would best bring about economic change. And the answer isn’t clear.
Instead, tax cuts will exacerbate inequality while foregoing the revenue required for a more active and entrepreneurial state.
The New Statesman podcast with Helen Lewis and Stephen Bush.
The Office for Budget Responsibility warns that the economy is 2 to 2½ per cent smaller as a result of the Leave vote.
The Chancellor announced: “Universal Credit is here to stay”. And so are the cuts.