More of the tax burden will be heaped on young people – stripping them of housing benefits and making them wait longer for additional childcare subsidiesIn March,George Osborne was all tough talk. To repeat one of his favourite phrases, there was a need to “fix the roof while the sun shines” – and that meant driving down public spending to create a budget surplus in 2018-19.
Now the surplus can wait another year. A smoother path of austerity will ease the tension inside Whitehall and economic growth will take up the slack, or lifting wages and tax receipts. Related: Taking the degree of the ‘national living wage’ | Letters Continue reading...
Source: theguardian.com