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Labour’s vow to set out only one major “fiscal event” a year, detailed in its election manifesto, was designed to serve as a definite signal of a new era: in the place of political chaos and fiscal unpredictability — symbolised by the rise and rapid fall of Liz Truss — stability would reign. No longer… Read more »
A cabinet minister has appeared to confirm reports that further cuts to welfare spending are in the pipeline after the budget watchdog ruled previously-announced measures will not save the £5 billion a year expected by 2030. According to multiple reports on Wednesday morning, the Office for Budget Responsibility (OBR) found that the measures would only… Read more »
