That argument will be settled in the run-up to a Spending Review. If anything, the medium-term pressures on public services will be higher, reflecting issues such as big NHS waiting lists. For now, the Budget has achieved its two strategic aims: borrowing more now to extend immediate crisis support, then post-dating a huge cheque, paid for mainly by big business, to cover part of the bill. Most of the other parts in these plans can move and, if necessary, dramatically so.
“The Bank of England is facing the same cross-currents. Since its previous meeting in February, most developments – notably...
“As far as Tesco is concerned, we have 2,100 products on our lowest price. We’re either price matching against...
“It has already started playing up the passion that its customers have for its food, but if it hopes...
Carpetright is on the brink of collapse, putting more than 1,800 jobs at risk. The retailer has filed a...
South East Water said in a statement: “Whilst we acknowledge that the climate is changing, we have seen an...
“It would have been much better to have reduced the scale of short-term liabilities earlier, as we have argued...
Home sales will “jump” at the beginning of next year as people try to buy before the rise in...
Jo Swinson has claimed that former Post Office chief executive Paula Vennells said “something to the effect” that some...
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