The big Q on public spending is whether she further squeezes an already tight overall envelope. If she does, then will be even more important that the (reformed) spending review process produces really clear plans for how cuts will be made alongside improving performance of public services
Reposted from
Gemma Tetlow
Next week, the OBR will update its forecasts and we will hear from Rachel Reeves. What will the numbers look like? How much of a 'fiscal event' will it be? Here's what we will be looking out for...
www.instituteforgovernment.org.uk/comment/rach...
www.instituteforgovernment.org.uk/comment/rach...
Comments
- expands the envelope by taxing wealth.
- bonus point for aggressively enforcing tax evasion prosecutions against offshore entities.
- double bonus for removing the subsidies given to oil and gas companies, reinstalling the fuel price escalator, and seizing oligarch wealth.