Jeremy Hunt, like many of his predecessors, is not blessed with a frothing economy or miles of fiscal headroom. Consequently, his self-declared task is to get Britain ‘back to work’, starting with today’s Budget.
The Chancellor boosted the tax-free lifetime allowance for pensions, expanded free childcare provision and scrapped work capability assessments. All three should, the Government hopes, entice more older people, parents and those with disabilities to return to the workforce.
