Spring Statement
Harold Macmillan reportedly said that the greatest challenge for
a politician was ‘Events, dear boy, events”. Rishi
Sunak must feel that in spades. Having been appointed as Chancellor
in February 2020, within weeks the country went into lockdown. Now
with the country officially ‘living with covid', and
Brexit in the rear view mirror, he might have been forgiven for
thinking that he would have an opportunity to set out his ideology
and explain what Sunakism means. A useful signpost in his pitch for
the top job, perhaps? Instead he faces the worst cost of living
crisis since Nigel Lawson and a major war in Europe for the first
time in a generation.
Notwithstanding these conspicuous headwinds blowing him off
course, with the release of a personally signed ‘Tax
Plan' the Chancellor sought to set out what being a low tax
Tory means in the current environment.
