Britain’s towering in-tray
Jul 15, 2022
3 minutes
Our economic problems are piling up rapidly following the last few years of drift and chaos. What should we do first? Simon Wilson reports
What’s happened?
The candidates for the Conservative leadership have been spraying around promises of tens of billions in tax cuts. In response, Conservative ex-chancellors and other grandees lined up to give the would-be new PMs a telling-off. Former chancellor Norman Lamont attacked the “Dutch auction” of unaffordable tax cuts. And William Hague said the promises would undermine the party’s “priceless reputation for disciplined economic management” – and were doubly dangerous in a prolonged period
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