As Rachel Reeves prepares to ship the price range on Wednesday, she faces the political nightmare of getting to return again for extra tax, having mentioned she wouldn’t and he or she’s already made it clear that no matter she does the burden will fall on all of us, not simply the wealthy minority – however the left and the Greens are demanding a wealth tax, whereas the suitable and Reform are demanding welfare cuts and tax cuts.
Voters are disillusioned, inflation is cussed, providers are nonetheless struggling and religion within the political centre is evaporating.
So how does the chancellor land her price range with out inflicting a political disaster for Labour or a monetary disaster on the bond markets?
On this episode of The Fourcast, Krishnan-Guru-Murthy was joined by Green Party chief Zack Polanski, Labour MP Rosie Wrighting, one of many new consumption final yr, and Rupert Harrison, a former advisor to George Osborne within the treasury and now on the US funding managers PIMCO.
