Now we know why the Prime Minister chose not to go to the country early. The economic and financial position has worsened such that it would now only be possible to give some significant pre-election sweeteners by raising the already high borrowing numbers still more and hence endangering the government’s reputation for fiscal prudence.
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:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services