Thinktank says chancellor has given himself a mountain to climb after ducking big decisions in low-key speech
John Healey has paved the way for a “brutal” spending review next year after his budget failed to cover a £28 bn shortfall in the public finances needed to avoid a return to austerity, according to Britain’s leading tax and spending experts.
A day after his address to the Commons , the Institute for Fiscal Studies (IFS) warned the chancellor had left himself a mountain to climb after ducking several big decisions in his debut tax and spending statement. Continue reading...