SInherited inherited by the English economy, it is a slow and painful process with economic and political threats. With the financial crises of four pre-monitoring of the Second World War, in 1949 19671976 and 2008 – and two Tory Governments in 1992 and 2022. Again, in 2025, England is more economically sensitive to any of these years. Chancellor, as any of the lowest crises, such as any of these deep holes, the government, the party and the country will have a sterling or risk sale of the country, as possible to determine this deep hole as possible.
Thus, very criticized financial rules. These are not a self-imposed throat ability to leave, but do not have a firewall to ensure the confidence of the financial market when it allows you to maintain public investment. Daily tax revenues are the minimum warranty of financial reliability by day-to-day tax revenues. However, the meeting permits a second rule: when the public budget is under pressure, for more than 50 years to protect and increase capital costs, for more than 50 years to protect the lifting of public investment as a softer choice.
Rachel Reeves took a brick pot for spring statement, but strategically he has something big. Operating financial rules, it combines the growth of public investment announced in October last year. This is with reforms Recognizes office for budget liability The more home seam will ignite, will stop a rise from economic growth. It will also restore the shareholding of public capital, and from hospitals to an apartment stock extending from housing stock – as developed growth by OBR. Because President Donald Trump has launched, there are sharp risks for world trade, growth, inflation and interest rates Self-defeating “Freedom Day” Next Wednesday – 25% Salvo of import tariffs Car, steel, aluminum, pharmaceutical and Semiconductor chips From any country to benefit from the United States. The threat is more important to prevent and increase the UK’s state investment level in the UK, the probable loss.
However, the first financial power of the government’s first financial rules and healthy welfare benefits, which are threatened, unknown, unknown, unknown welfare benefits, which will approach this growth. A society, a society, rich, and a society, which allows you to spend with disabilities, followed by other important areas. About social care? Special Education Needs? Defend? Social apartment? Advocation? International assistance? Prisons? The judicial system? More than 6 million people live in a universal loan? Support for economic growth? Although there is a strong condition for the increase in taxes on special and wealthy people, it is less clear that all additional funds are not completely intended for a category of all population. It was unpleasant, the growth was needed until it was.
However, the Chancellor and Treasury ministers lost their moral and political comps. Since they have already given up to 3.2 million and lost an average of £ 1,720 in 2029 to shoot stressful households (In their own figures of the government) and 250,000 additional people to drill poverty are a capital error with the most expanding of compensatory measures to help. Some potential beneficial measures were taken – the pledge was taken to the Promised Exchange (no details) and the pledged bidders – but it was Palt. Gordon Brown’s new deals for work in 2025 are worth about 3 billion pounds; A similar number of programs – offers the financial award to offer support and financial award to promote employers to recruit employers with disability and mental health – at least expensive. Instead, we have an exercise in the leadership of the weakest budget and PR. This was not a tough love to admit the reform voters, because some labor lawmakers relieve themselves: This refused to have some of the most sensitive ones.
To recognize this reality, the Chancellor needs additional sources. Thus, the second capital error: to show any attempt to increase income on innovative roads. For example, a wide range of support to create a national defense fund with expenses of debt service financed by 50 years is a large support to create a wide range of support, 1% profit, but established, but proportional. It would be a double whip: to increase defense costs to 3% of GDP in 2029, and to free the rest of the government to reduce the remaining part of the government. And sooner or later a little political Hue’s Chancellor must reform regressive, low-productive taxis. This is a rubicon that does not pass. There is a successful economic strategy, but the government must refrain from the slanderous capital bugs last week.
