The Treasury yesterday produced a distributional analysis of the Budget, plus last year’s fiasco from Reeves. They said: This document sets out estimates of the impact
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There was a comment posted on this blog overnight, which might reasonably be called a tirade about the temerity of my suggestion that we might
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Budget days have always been busy in my life, and yesterday was no exception. The Office for Budget Responsibility’s leak changed the course of the
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Rachel Reeves says her budget delivers stability. The Office for Budget Responsibility’s charts tell a very different story. High interest rates, low investment, falling profitability,
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Rachel Reeves’ 2025 Budget has already collapsed under the weight of its own contradictions. In this video, I explain why tax rises on ordinary people,
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1.00 I will be back later….off to talk to Jeremy Vine now. 12.58 “Borrowing, borrowing, borrowing” keeps being repeated when in reality the government does
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The Office for Budget Responsibility has leaked Reeves’ Budget in advance. Here is a summary that I posted on Twitter, courtesy of the FT:

Budget day is always busy for me. I am heading for London this morning and will be at the BBC by 12, and will Tweet
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There was quite a lot of discussion on this blog yesterday about modern monetary theory, so I thought it was worth checking whether the glossary
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