Jeremy Hunt’s first Budget was a mixed bag: bad news presented as good, traditional Conservative giveaways to the wealthy, and one rather lonely genuinely good new policy.
The government needed to step up and address our multiple worsening crises – the cost of living, the climate, and public sector services. Instead, Hunt did the bare minimum.
The chancellor began by trumpeting the Office for Budget Responsibility’s (OBR) new forecast that Britain will avoid a “technical recession” this year, with the economy shrinking by just 0.2% overall. Rejoice, just rejoice.
