The price of the profligate Chancellor higher taxes to come

This paper analyses the Chancellor’s record as custodian of the nation’s finances. It concludes that there have been two Chancellors. In his first two years, he adopted the previous Conservative administration’s rather strict plans and even in 1999 public spending was under control. The public finances flourished. This was the high summer of the Prudent Chancellor.


Ruth Lea - Wednesday, 27th October, 2004