Small, medium or big, the Budget is unlikely to spark growth

Regardless of whether the Chancellor, John Healey, opts for a small, medium or big Budget, economic growth is unlikely to be much stronger over the next few years. Our hunch is that a medium-sized Budget is the most likely as Healey attempts to fund some of Prime Minister Burnham’s ambitions without triggering higher borrowing costs or significantly increasing the tax burden.

We’ll be discussing the state of the UK economy, our latest analysis on the Autumn Budget and what to expect from the Bank of England’s September meeting in a 20-minute online briefing at 2pm BST on Wednesday 9th September. (Register here.)