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What is an autumn statement? Ostensibly, it is an opportunity to assess the latest independent forecasts produced by the Office for Budget Responsibility (OBR), and for the chancellor of the day to announce changes to his tax and spending plans. But is also a day of political theatre, bookended by weeks of speculation and months… Read more »
There is a new phenomenon taking the SW1 scene by storm: the “alternative budget” — a fiscal plan produced by some dispossessed faction and designed, at once, to focus minds on a chosen subject in government and to posture and position as antagonists press ahead with their own proposals. The “alternative budget” trail was blazed,… Read more »
