Brace yourselves for a Budget doomed to failure
Smorgasbord of tax rises is riskier for chancellor, our personal finances and the UK economy
Smorgasbord of tax rises is riskier for chancellor, our personal finances and the UK economy

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

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

No party looks truly ready to confront tax-resistant voters with some hard questions

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

The government needs more fiscal headroom but must ensure it does no harm