Tag Archives: Deficit reduction in the United States

14Mar/23

Budget 2023: government needs to show it can jack up growth to regain economic credibility

Steve Schifferes, 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.

Continue reading

24Sep/22

Mini budget: will Kwasi Kwarteng’s plan deliver growth?

Steve Schifferes, City, University of London

The UK economy has been dogged by slow growth for a long time. Combined with even slower growth in productivity, it has meant virtually no increase in living standards for the average family over the past decade.

Continue reading