The OBR's damning Budget verdict has given the Tories ammunition for years, says Fraser Nelson. When it seemed politically expedient Labour pledged its devotion to the OBR. It's now facing the consequences.
Government borrowing costs surged to their highest level in nearly a year after the largest tax raising Budget in history as the OBR said that workers will shoulder 80% of the National Insurance rise.
The supposed economic case for mass immigration has finally collapsed as a new IFS report confirms that bringing in millions of low-pay workers and their families can never make a country richer.
