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Section: Web exclusive Articles

Thin gruel for the ‘Jams’

Well, if that was his version of a dramatic flourish, it is probably just as well that Philip Hammond concluded his first autumn statement by promising to abolish them in future.   That the rescheduling of parliamentary budget statements was the gimmick of the day...

A sober statement for sober times

There is a well trodden formula to government finance announcements. The chancellor rumbles on about why the economy is heading in the right direction under his watch but doom would surely result if the feckless opposition were in charge. Then after the cleansing...

The chancellor’s reality deficit

Philip Hammond’s autumn statement reinforced the position of Theresa May’s as a traditional Tory government – right eye on the business community, left eye on key voters, and everyone else falls through the gap in the middle. There were some welcome measures,...

Hammond must face the future

Tomorrow is the autumn statement. It is the first economic intervention by the new chancellor since Britain’s decision to leave the European Union. But this is not the statement of a new government. This is the sixth year of this Tory government. What is unclear is if...