Understanding the Long-term Effects of Fiscal Policies on Public Spending

Wednesday, 12 June 2024, 09:00

Amid the Tories’ fiscal disasters, a subtle change has forever altered perceptions of public spending. The OBR, initially a boon for Cameron, proved detrimental for Truss. Post-election, the implications might shift to Labour’s domain. Economics professor Jonathan Portes delves into these dynamics, shedding light on the pivotal shifts in fiscal landscapes.
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Understanding the Long-term Effects of Fiscal Policies on Public Spending

Analysis of Fiscal Policies

Amid the Tories’ fiscal disasters, one change has silently reshaped perspectives on public spending.

OBR's Role

David Cameron benefitted from the OBR, while Liz Truss faced setbacks post-election.

Labour's Future Challenges

Post-election implications could pose challenges for Labour, as highlighted by economics professor Jonathan Portes.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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