Matthew Lynn Matthew Lynn

Rishi Sunak should try something new: silence

Chancellor Rishi Sunak, Picture credit: Getty

A huge increase in job centre advisers; special grants for companies taking on trainees; free cash for anyone insulating their home; cuts to National Insurance; reduction in VAT, and a £500 shopping voucher to re-boot a collapsing High Street. Oh, and an emergency GCRF, or Garden Centre Rescue Fund, to subsidise anyone who helps our heroic horticultural industry by building a new rockery or water feature. Okay, I’ll admit, I made that last one up. But all the others are suggestions that have been put forward for the Chancellor’s mini economic statement tomorrow.

But perhaps Rishi Sunak should try something new: silence. In truth, the government has done an extraordinary amount to help people and businesses through this epidemic. It has printed money, increased spending, and rescued both workers and businesses. Will it be enough? We have no way of knowing. But right now there is another risk – overkill.

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