Blog

In June, the Common Sense Policy Group outlined a set of common sense economic principles in response to the spending review to guide the Government away from short-termism, outdated orthodoxy, and stagnating growth. Rachel Reeves’ first budget as Chancellor has delivered little to no real change in direction, just more tinkering around the edges of the status quo. Once again, we see the Government clinging to a failing commitment to short-term deficit reduction that has repeatedly failed to deliver long-term economic and social wellbeing.