Cebr has consistently pointed out that the fiscal outlook is nowhere near as bleak as official forecasts had indicated. Data has emerged supporting our view, especially the borrowing data for January.
The Chancellor is thought to despise the forecaster for raining on his Budget parade.
Even if bungs to motorists and promises of future tax cuts are politically sensible, without urgent action for the lowest-paid, a difficult year for Brits could get a lot worse.
The measures announced today will do little to help with the cost of living crisis. They do not even offset the Chancellor’s own stealth taxes.
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