The economic damage of COVID-19

Had everything gone to plan this year, the Chancellor would have been delivering his Autumn Budget speech. Instead, Rishi Sunak declared an “economic emergency” alongside a slimmed down spending plan to see him through until spring. Nobody in government would privately claim there is any way to avoid tax rises at some point, but the[…]

Comprehensive Spending Review: tackling the deficit

Comprehensive Spending Review: tackling the deficit Spending reviews have been part of the Governmental landscape since the late 1990s, but none have garnered quite the anticipation of the one which the Coalition Government delivered on 20 October, set as it was against the largest UK budget deficit since the war. The Chancellor, George Osborne duly[…]