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Observation
The Chancellor’s spending plans are even tighter than they seem
Rishi Sunak
Newspaper article
Putting up corporation tax is a risk the chancellor may come to regret
It’s easy enough to see the politics behind Rishi Sunak’s tax increase of choice. Opaque, in the future, jam today, well-hidden pain tomorrow. The scale of the increase, though, makes the economics more concerning. Not only is he unlikely to get as much revenue as he’s banking on, he risks ...
Newspaper article
Budget is Sunak’s chance to show us who he is and where he wants to go
'Sunak’s conference promise that he will always balance the books was, to be generous, no more than a rhetorical flourish. What he is actually aiming for and by when we do not know. This week’s budget is his chance to give us a real sense of who he is and where he wants to go.' Paul Johnson in ...
Press release
Look to the Budget to secure the recovery, not to fix the public finances
We have had 13 major fiscal announcements since the last Budget on March 11th last year. Those announcements have involved more than £250 billion of additional spending, largely focussed on supporting public services, jobs, businesses and incomes through the pandemic.
External publication
Tough times lie ahead for public services
Article for Public Finance magazine on the implications of the 2020 Spending Review