Budget 2021: austerity by stealth will repeat the mistakes of 2010s all over again
- Written by Rachel Findlay, Lecturer in Accountancy, Edinburgh Napier University
There was room for some optimism in Rishi Sunak’s budget. The UK’s GDP is forecast to return to its pre-pandemic level by the middle of 2022, six months earlier than previously predicted. And after nearly a year of record borrowing, the chancellor felt compelled to continue funding business and employment recovery through support...