Ahead of next month’s budget, I am confident that the foundations of Britain’s economy remain strong. Since the election, we have seen interest rates cut five times, three trade deals struck with some of the world’s biggest economies and wages rising faster than inflation. Tens of billions of pounds of investment has been secured, with business after business choosing Britain as a beacon of economic stability and success in a more dangerous world.
You never hear those on the right of British politics championing these successes. They are determined to talk of an economy that is broken because that is the only way their politics can breathe. They talk of a Britain that is in a permanent state of decline because that is the height of their ambitions for it. I reject both claims.
