James Forsyth James Forsyth

Losing perspective 

At The Spectator, we’ve been so close to the spending debate that one worries about losing perspective. But this post from Faisal Islam gives one a sense of just how important today’s revelations are:

“We have never seen this level of detail on a budget situation before.

Much of what was implied or left out of the budget is stated in astonishing detail here.

It is a total disaster for the treasury and the government, but some will argue the Tories have taken a big risk with financial confidence in publishing it.”

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