Britain is living beyond its means
No party looks truly ready to confront tax-resistant voters with some hard questions
No party looks truly ready to confront tax-resistant voters with some hard questions

Delays in dealing with fiscal pressures risk further damage to household consumption, corporate investment and overall growth

We continue to put too many obstacles in the way of businesses that want to take risks and make things happen

The chancellor’s failure to drive growth and cut spending leaves future levy rises on the cards

Reassessing taxes and spending every six months introduces excessive policy uncertainty

The chancellor must initiate lasting reforms to raise revenue and cut costs

History suggests the political approach ends in unsustainable debt and lower GDP