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As a statement of preparedness for Brexit, Hammond’s Budget falls short

First published: Prospect, 22/11/17


How should we think about Chancellor Phillip Hammond’s Budget? His job is a bit like that of someone who’s doubling up as both the captain and the cabin crew of the economic aeroplane in which we are all flying. He has to fly us safely to our destination, but also to attend to all our divergent—and often incompatible—needs and interests. If he gets the balance wrong we will either be angry, or possibly not arrive safely at all. To complicate matters, he also knows there’s a huge storm ahead called Brexit, and……Read more:

Photo credit: UK in India Philip Hammond in Mumbai, 5 April 2017 via photopin (license)