- Staff Notice
Budget: Rishi Sunak set to spend but hopes to return to caution soon
The never knowingly under-hyped Rishi Sunak will give what he has already described as a "Budget like no other".
The Covid crisis has certainly led him to do things that no other Conservative chancellor has.
The government shut down much of the economy, meaning shops were shuttered, tills were empty, incomes collapsed
Once upon a time in a land far, far away we supposedly had a Conservative government, then the virus hit....
Boris will always want to be popular and spend, spend, spend. The chancellor, though, has an enormous financial blackhole to fill and we are of course still in the middle of the pandemic, even if things are starting to look good now with the vaccine rollout. How are the two reconciled?
Should taxes be higher to start clawing back all that slush money, or should we try and keep on the spending splurge and hope for a Roosevelt style New Deal kick start to the economy?