UK Business

government needs to show it can jack up growth to regain economic credibility

Written by Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City, University of London

UK chancellor Jeremy Hunt’s spring budget is a tricky one in terms of timing. Having announced a set of steadying measures in the autumn statement after the Truss/Kwarteng debacle, this budget is likely to be the last but one before a 2024 general election. This makes it a little early for eye-catching tax cuts or business boosts.

Instead,...

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