At the time of the election the fiscal gap, as I recall and as estimated by Chief Economists of financial institutions making billion dollar investments off the back of these estimates, was £40 to £5… (View Post)

Given Hunt created the fiscal black hole, presumably on the basis that he wouldn't be the one having to deal with the mess - I don't think so. We can blame Reeves for falling into the trap … (View Post)

The risk for Rachel Reeves with better than expected fiscal shortfall figures this year is that she backs off taking the necessary steps for sustainable finances and next year's figures go the o… (View Post)

Sometimes you should make choices because they are the right thing to do. Removing the two children cap would take about half a million children out of poverty according to the Institute of Fiscal St… (View Post)

It's the equivalent of cutting back on free biscuits in the office when the firm's profits go down. It makes essentially no difference to the fiscal situation, it removes a perk that people… (View Post)