Autumn Budget and Spending Review: Weak macroeconomic outlook and climate tax own goal
Cambridge Econometrics Blog
27th October 2021
Richard Lewney, Andrew Sentance and Jon Stenning share their response to the Autumn Budget and Spending Review. They argue that the OBR reveals the truth of the British economy, projecting poor macroeconomic performance, and that the latest energy tax measures give little confidence that the government will ever raise taxes on carbon.