Chris Dillow 

The end of austerity

Chris Dillow

Chris Dillow
The end of austerity

Fiscal austerity is over. Both of the candidates to be next prime minister are competing to promise tax cuts and spending rises. Boris Johnson has promised income tax cuts for higher earners, cuts in national insurance, increased school spending and a public sector pay rise, while Jeremy Hunt is promising a corporation tax cut, higher military spending and aid to farmers and fishermen.

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