Liam Halligan is joined by Daniel Herring, Head of Fiscal Policy at the Centre for Policy Studies, to pick apart John Healey’s first Budget.
Their verdict? A handful of nothing. The Chancellor has avoided the worst tax rises, but done little to address Britain’s mounting fiscal problems. With debt interest soaring, growth forecasts downgraded and living standards stagnating, Healey has followed Rachel Reeves in putting off the difficult decisions.
They discuss the credibility of the Government’s fiscal rules, whether this was a Budget designed to keep the door open to an early election, and what the Conservatives and Reform UK are offering as alternatives.
Also available on
Is Britain heading for another Brexit battle? A decade after the referendum, the question of Britain’s relationship with Europe is back on the political agenda. And Lord Frost, the man who led the UK’s Brexit negotiations, believes the campaign to keep Britain out of the EU must begin again. In this episode of The Capitalist, […]
Has Britain become a nation ashamed of its own history? And what happens when a country loses faith in its past? Historian Robert Tombs joins Marc Sidwell on The Capitalist to challenge the increasingly negative account of British history being taught in schools, universities and museums. In his new book, Our Islands’ Story, co-authored with […]
Andrew Griffith says Britain has already gone over the fiscal cliff. The question now is whether it can pull itself back. In a conversation with Centre for Policy Studies director Liam Halligan, the Shadow Chancellor delivers a clear diagnosis of Britain’s economy: a state consuming 45% of national income, punitive energy costs, rising taxes, excessive […]
