I’ve sat through a lot of Budgets in my time at MoneyWeek, but this week’s was one of the most boring. There wasn’t much of interest in the macroeconomic forecasts (growth was revised down a bit, now it has been revised up a bit again). There wasn’t much on the debt front (the deficit is going to last for longer than it is possible even vaguely to forecast). The tax system has not been reformed. The NHS has not been saved and the few horrible complications left in our pension system have not been removed.
The only thing of [...]