More remarkable still was the lack of any kind of programme to close the yawning gap between government revenue and spending
After the 2010 crisis, George Osborne came up with the programme to achieve a surplus within six years. He never achieved it, and kept pushing the date back, but at least there was an intention to balance the books.
Sunak foresees borrowing levelling off at £100 billion a year after 2023/24.
No UK government has balanced the books since 2003; now, we’re not even going to try.
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