Simplistic linear thinking by Rachel from Accounts and the Treasury spawned this Budget from hell, says David Craig. A systems thinker would have known it would send the economy into a doom loop of recession and decline.
The Bank of England Governor today joined Britain's biggest retailers including Tesco, Asda and Sainsbury's warning that job cuts are "inevitable" after Rachel Reeves's tax-hiking Budget.
Asda's Chairman has hit out at Rachel Reeves's "very, very damaging" Budget, warning the tax rises will force the supermarket to look closely at how many workers it can afford to employ.
We're publishing another terrific post on the Daily Sceptic by Charlotte Niemiec. This one is about the unseemly haste with which the Government raised National Insurance and the flimsy rationale for doing so.
