Simon Wren-Lewis
@sjwrenlewis.bsky.social
Emeritus Professor of Economics, Oxford University.
I don't think you can describe following rules outlined a year ago an unyielding attachment. I agree about Brexit.
November 4, 2025 at 11:58 AM
I don't think you can describe following rules outlined a year ago an unyielding attachment. I agree about Brexit.
My post was written before the speech!
November 4, 2025 at 11:56 AM
My post was written before the speech!
Reposted by Simon Wren-Lewis
And yes, one decisive budget now - to push markets into right direction - rather than attempting tax rises closer to a General Election.
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New post: UK Productivity and the Budget
mainlymacro.blogspot.com/2025/11/uk-p...
When it comes to breaking their tax pledge, the phrase ‘better late than never’ applies. Better now than in a budget nearer the election, both from a political and economic point of view.
mainlymacro.blogspot.com/2025/11/uk-p...
When it comes to breaking their tax pledge, the phrase ‘better late than never’ applies. Better now than in a budget nearer the election, both from a political and economic point of view.
UK Productivity and the Budget
Most people reading this will know that one of the Chancellor’s big problems that she will have to tackle in the November Budget is a down...
mainlymacro.blogspot.com
November 4, 2025 at 9:06 AM
And yes, one decisive budget now - to push markets into right direction - rather than attempting tax rises closer to a General Election.
bsky.app/profile/sjwr...
bsky.app/profile/sjwr...
While I would like Labour to move quicker on undoing Brexit, that will not avoid the need to raise taxes, if we want public service provision comparable to other major European economies.
November 4, 2025 at 9:49 AM
While I would like Labour to move quicker on undoing Brexit, that will not avoid the need to raise taxes, if we want public service provision comparable to other major European economies.
The fiscal rule she is currently following is broadly sensible in today's circumstances. Perhaps you would like to say why you think the government should not match expected taxes to expected day to day spending?
November 4, 2025 at 9:47 AM
The fiscal rule she is currently following is broadly sensible in today's circumstances. Perhaps you would like to say why you think the government should not match expected taxes to expected day to day spending?