|Date:||11 November 2005|
|Published in:||Public Finance Magazine|
Gordon Brown has unveiled three big tax-raising Budgets since becoming chancellor eight years ago, each of them in the 12-month honeymoon period following one of Labour's election victories. Is history about to repeat itself in the wake of the party's latest win at the polls in May? Brown's Pre-Budget Report, expected within weeks, should give us a hint.