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Simon Wren-Lewis, Emeritus Professor of Economics, and Emeritus Fellow of Merton College, University of Oxford

Budget explainer: here are some ways to read between the lines on what's being reported

Understanding economic news. Rawpixel.com/Shutterstock

UK budget announcements inevitably lead to a deluge of reporting on how the chancellor’s latest plans for the economy will affect our wallets, pensions and investments, as well as the bottom lines of businesses, charities and entire industries.

Sifting through all of this reporting can be confusing. Not just because of the sheer volume of budget-related news and analysis, but also because it’s difficult to accurately break down the real-life impacts of complex policy decisions for a wide audience, many of whom don’t have a background in economics or business.

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