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What’s next?
Chancellor Philip Hammond returned to the Treasury with a minority Conservative government and no real detail about the economic programme – what does this mean for UK policy?
It is likely that Hammond will focus his energy on popular measures.
Gone is any real prospect of radical reform and the government has no political capital to spare. With the chance of another election in the not too distant future it is likely that Hammond will focus his energy on popular measures. In the short term a reintroduction of many of the measures from the last Budget that were cut when the election was called is on the cards if only because he needs to be seen to be doing something.
Cracking down on avoidance
Cracking down on perceived tax avoidance will be popular with all voters. Large business was in the firing line in...
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