Rachel Reeves is pretending everything is absolutely fine
This Spring Statement didn’t take account of an inconvenient event: the outbreak of war
ByFiscal policy
Was the Chancellor’s Spring Statement dead on arrival?
The OBR’s forecast was prepared before the war in Iran broke out
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Did Jeremy Hunt write this Budget?
It’s looking like fiscal drag forever
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Britain’s fiscal reality check
Rachel Reeves’s Budget is the start of a new reckoning
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Labour and the Tories are trapped in a tax hole
By misreading the past, Keir Starmer and Kemi Badenoch are being hobbled in the present
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Rachel Reeves takes aim at Andy Burnham
The Chancellor warned that “critics” who opposed her fiscal strategy were “dangerously” wrong
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Rachel Reeves will never get serious on tax
She is fiddling her way into an economic crisis.
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Can Rachel Reeves avoid a new fiscal crisis?
Even the Chancellor’s supporters fear Britain’s plight could soon get much worse.
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The OBR is always wrong
Making economic policy by forecast is driving Britain in circles.
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Britain is growing old disgracefully
The OBR says that Britain can no longer afford to exist with its current fiscal policy.
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No one wants to pay to fix Britain
Labour backbenchers are preparing to rebel against cuts that haven’t even been announced yet.
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The welfare crisis no one is talking about
Instead of parliamentary bust-ups, Scottish politicians have found a novel answer to the benefits bill: silence and inertia.
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Trump’s “big, beautiful” tax bill is a big, beautiful opportunity for the Democrats
But do they have the smarts to take advantage?
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Rachel Reeves’ fiscal headache is getting bigger
Some combination of tax rises or spending cuts is likely to be necessary by the autumn.
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Britain’s fiscal doom loop
Labour cannot fund the renewal of the public realm simply by relying on higher taxes on business and the wealthy.
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Scotland’s public spending timebomb
The country needs a Thatcher or a Blair to provide a dose of fiscal reality.
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Don’t blame the OBR for Britain’s economic woes
We can’t spend more without taxing more and we can’t tax less without spending less.
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Labour’s tax illusion
The world has changed, and policy must change with it.
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Rachel Reeves’ fraught balancing act
The Chancellor will now be forced to contemplate tax rises.
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Labour can no longer hide from the cost of Brexit
Weak growth and a Trump trade war could force the party to change its Europe policy.
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