Rachel Reeves must avoid a ‘Del Boy Trotter’ Budget

The Chancellor, Rachel Reeves must avoid a ‘Del Trotter’ ‘no income tax, no VAT, no money back, no guarantee!’ Budget if she wants to tackle the fiscal black hole.

The Autumn Budget can’t have ’No income tax, no VAT’ increases if Rachel Reeves wants to tackle the fiscal black hole, which is rumoured to be between £40 billion to £60 billion depending on the OBR’s productivity downgrade to come.