The OBR’s evidence is clear: the Autumn Statement has done nothing to end the living standards and growth crises
As a result of the autumn statement, our real pay crisis is intensified and now expected to last 20 years. Politically charged National Insurance cut makes the smallest dent in the worse squeeze on household incomes since the 1950s, and while the Chancellor has enjoyed higher revenues, he has chosen to play austerity politics rather than back public services on the brink.
Geoff Tily - 23 Nov 2023