Article 5XFJP Upshot of Rishi Sunak’s spring statement? A bleak decade ahead

Upshot of Rishi Sunak’s spring statement? A bleak decade ahead

by
Larry Elliott
from on (#5XFJP)

Analysis: Britain has ceased to be a country where workers can expect to get better off year after year

Much has been written about the year of economic misery ahead. Rishi Sunak's attempts to mitigate the impact of the squeeze on living standards have been pored over and - generally - found wanting. The postmortem examinations carried out on the chancellor's spring statement were unflattering.

There was plenty for the thinktanks that specialise in analysing tax, spending and living standards - the Resolution Foundation and the Institute for Fiscal Studies - to mull over.

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