There were times – a lot of them in recent months – when people have hypothesized that Rachel Reeves would not survive as a chancellor in the winter. It was a particularly bruised year for the Chancellor of the chessboard – Tears in the House of Commons to the various swirls on economic policy which … Read more
You are probably tired now to hear everything about “black holes”. This is one of those sentences trotted by journalists in order to make economic policy a little more interesting. And in some directions, it is a massively misleading image. After all, when people talk about tax holes, what they really talk about is something … Read more
Chancellor Rachel Reeves undergoes increased pressure to increase taxes or reduce public spending, because official figures show that government loans were more expensive than expected, and tax revenues dropped below expectations. The largest budget surplus since the start of files in 1993 was reported by the National Statistics Office (ONS) in January. This means that … Read more