It seems like only moments since I sat with a tapping pen anticipating the statements from the last budget. Well doesn’t time fly when the economy’s in deep water and a historical election has been ticked off the list?
There were certain things about this budget that we could well have predicted: the unforgiving cuts; the standard backlash from opposing sides (lucky that this has been reduced by one...) and the sense that things are well and truly about to change. And by that I don’t mean a Tory/Lib Dem synonym for progression. Change for good or for ill.
Harder to predict was exactly where the axe was going to fall. With such different opinions on matters like VAT, there was no knowing how the policy promises from both sides would affect the budget.
