The shape of the Budget battleground

There are still two days and a couple of hours to go until George Osborne’s Pre-Budget Report — but, already, we have a good idea of what will be said. The emphasis, beyond just plain ol’ jobs and growth, will be on combatting youth unemployment; helping smaller businesses; and relaxing the squeeze on middle-income folk. Most of the measures either announced or suggested so far — from the Youth Contract to the credit easing scheme to the suspension of January’s fuel duty rise — fall into one of those compartments. Whether they’ll work or not is a different matter entirely.     

As for Labour’s response, they’re already making it — and I doubt anything in the actual Budget document, or the growth review, will change it much. It, too, appears to have three main components.

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Gavin Mortimer

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