The purpose of every Budget should be immutable: to enhance, through spending and taxation, the productive potential of the UK economy. This increases the trend rate of economic growth, thereby making people better off and raising extra revenue for the government, which in turn finances lower taxes and/or higher spending. The result should be increased popularity for the governing party.
The most pressing need is to encourage into work the 9.3 million people of working age (22% of the total number), a tally that has increased significantly since