The greater-than-expected improvement in the public finances over the past few months, should give the Chancellor a windfall to spend at next week’s Budget. But we suspect that the Chancellor will probably only unveil a small fiscal giveaway of £3bn next year, maintaining fiscal headroom in case of a “no deal” Brexit.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services