Jeremy Hunt is wrong – tax cuts are more than possible
Total government spending was only 39.5pc of GDP that year. It was perhaps understandable that it spiked up to 53pc in the Covid-affected year. But what is much less excusable is that spending did not return anywhere near its pre-Covid level after the pandemic ended, is scheduled to be over 46pc of GDP this year, and even at the outer horizon of government spending forecasts (if one believes them) is scheduled to be well over 43pc still, in 2027-28.Hunt and Sunak pitch themselves as the grown-up, responsible folk, focused on fiscal...
