As a key budget approaches, the chancellor must resist the urge to please his hawkish admirers, and continue to spend freely
Time is short as the chancellor tries to devise a coherent package for his budget on 3 March. Already it looks like being an impossible task.
In the same way as the Conservative party is at odds over how to tackle the pandemic, it also cannot decide on what direction to take when the vaccine – maybe by as early as the summer – begins to clear the economic fog.
