Our fiscal rules have acted to hold back our economic progress. We need to commit to transparent and accountable assessment of our economy by the Chancellor

The last thing we need from Wednesday’s spring statement are incremental changes to tax and spending. Let’s have a clear plan, says Jagjit Chadha of Cambridge University

The 2025 Spring Statement was delivered against a background of continuing low growth and above target inflation. Did it deliver what was needed for the economy?

The last thing we need from Wednesday’s spring statement are incremental changes to tax and spending. Let’s have a clear plan, says Jagjit Chadha of Cambridge University

The last thing we need from Wednesday’s spring statement are incremental changes to tax and spending. Let’s have a clear plan, says Jagjit Chadha of Cambridge University

The last thing we need from Wednesday’s spring statement are incremental changes to tax and spending. Let’s have a clear plan, says Jagjit Chadha of Cambridge University

Chancellor has very little headroom within her fiscal rules but is keen to keep Office for Budget Responsibility on side

We need to introduce more accountability and transparency into fiscal policy based around the genuine economic and social performance of the United Kingdom.

The increase in gilt yields is a long way from the turmoil of 2022, writes Jagjit Chadha. But it does highlight flaws in the use of fiscal rules