
Five things we learnt from the IFS Budget briefing
It’s the day after Philip Hammond’s Budget and so far the Chancellor has managed to avoid disaster. Broadly speaking, his Budget has been well-received. The Prime Minister this morning went so far as to say the Chancellor ‘did a very good job’. Meanwhile, another of Hammond’s old foes softened its stance, with the Daily Mail celebrating Hammond’s newfound optimism and the end of the Eeyore chancellor. However, this afternoon’s Budget briefing from the Institute of Fiscal Studies offered some grim analysis. Paul Johnson and his number-crunching team ran through the figures in the Autumn Budget in detail. Although the Chancellor managed to avoid much criticism (thanks in large to the
