Former Treasury aides say the chancellor is courting danger on UK debt and that fiscal rules must go

Leading economists warn today that Jeremy Hunt will “cost the country dear” if he gambles on pre-election cuts to tax and spending in this week’s budget.

Two former advisers to the Treasury, backed by other economists, said that instead of decisions aimed at “sabotaging prospects for the next government”, the chancellor should focus on the long-term national interest with measures to spur investment and growth.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Sunak signals he may not achieve goals on inflation and NHS waiting lists

Prime minister blames strikes for long NHS England waiting lists, and acknowledges…

Ashley Biden diary

Project Veritas

UK Covid-related cybercrime fuels 15-fold rise in scam takedowns

Vaccine rollout used as a lure via email and text to harvest…