After a series of unforced errors, the government needs to seize back control of the political narrative.
The chancellor has said her budget will launch a new era of investment that will rank alongside Labour's historic reform programmes. She cannot afford the budget to be a dud.
There is no reason why it should be. Forget the idea that "wealth creators" are about to leave the country en masse because they may have to pay higher rates of capital gains or inheritance tax. Some could, but the vast majority will stay put. Ignore, too, suggestions that Reeves's plans to borrow more for investment will lead to a ferocious sell-off of UK financial assets. The chances of a "Liz Truss moment" are remote.
Diese Geschichte stammt aus der October 28, 2024-Ausgabe von The Guardian.
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Diese Geschichte stammt aus der October 28, 2024-Ausgabe von The Guardian.
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