Lucy chats to Reaction Editor, Maggie Pagano, about the psychological impact of Jeremy Hunt’s Budget and why it wasn’t the story we should have been paying attention to.Â
Jeremy Hunt has laid out his fiscal agenda as the OBR predicts the UK will avoid recession this year.
We must focus on what really matters in our national discourse – now more than ever.
The normal measurements of success don’t count this week. What matters is whether the Chancellor can respond with policies to make Britain attractive during the coming global fight for investment.
The CEBR has revised its forecast upwards, now expecting a 0.4% contraction in GDP in 2023.
Whether through misunderstanding or willing blindness, the Tories’ cock-eyed policy will take an axe to business investment.
The fact that Nadhim Zahawi’s tax blunder occurred when he was effectively boss of HMRC is terrible optics for the government.
Polite, sleek and self-disciplined, Hunt remains a political enigma.
If the Chancellor wants to ensure an economic recovery, then he should rethink his anti-innovation proposals.
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