As he has been developing his budget over the past few weeks and months, Mr. MacKay will have confronted a number of difficult choices. How should he prioritise his £27bn resource budget across portfolios ranging from health to education and local government? Should he use his tax powers to raise additional revenues, and if so by how much? What can he do to support the conditions for inclusive economic growth?
In previous blogs and in our latest commentary, we’ve discussed some of the key aspects of Thursday’s budget from the perspective of the economy and public finances.
But what are the big things to look out for from a policy perspective? Continue reading “The choices facing Mr Mackay”