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Budget Responsibility forecastBBC
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73% Informative
Faisal Islam: Don't expect rabbits, this will be a Budget for boffins.
The long three-month post-election wait has cast a cloud over consumer and business confidence.
Looser monetary policy, that is falling interest rates, and tighter fiscal policy, or higher taxes plus limits on borrowing, are the new normal.
Labour has calculated that its landslide majority is rooted in a public desire to sort out underperforming public services.
The fiscal fiction’ of unrealistic spending plans will become fiscal fact.
By mandating that the spending gaps will be filled by significant tax rises, the strategy here is to communicate overwhelming political pain tolerance to markets that lend money to the exchequer.
A massive majority will be used to credibly guarantee surpluses on “current” spending.
VR Score
77
Informative language
76
Neutral language
31
Article tone
informal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
6
Source diversity
1
Affiliate links
no affiliate links