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Ending austerity means increasing taxes or deficit, warns thinktank

Philip Hammond in Rome

Philip Hammond will have to rip up the government’s deficit reduction plan or increase taxes for most of the population if he decides to end seven years of austerity by sanctioning higher public sector pay, reversing welfare cuts and providing extra cash for Whitehall departments, a thinktank has said.

Corbyn calls on PM to let go of Osborne over budget turmoil

Oliver Sweeney Spartan Leather Boot

Jeremy Corbyn has urged the prime minister to tell his “great friend” George Osborne to “find something else to do” in the House of Commons, as he tried to turn the civil war at the heart of the government to Labour’s advantage by calling for the chancellor’s head.

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Philip Hammond in Rome

Ending austerity means increasing taxes or deficit, warns thinktank

Philip Hammond will have to rip up the government’s deficit reduction plan or increase taxes for most of the population if he decides to end seven years of austerity by sanctioning higher public sector pay, reversing welfare cuts and providing extra cash for Whitehall departments, a thinktank has said.