Torsten Bell

2 results

 UK chancellor of the exchequer Philip Hammond holds the red Budget box  on Monday. Photograph: EPA/Andy Rain

It’s only the day after the budget that the full extent of a chancellor’s generosity – or stinginess – tends to become apparent, once the number crunc(...)

Britain’s prime minister, Theresa May: “Our economy should work for everyone, but if your pay has stagnated for several years in a row and fixed items of spending keep going up, it doesn’t feel like it’s working for you.”

The promise from Theresa May, the British prime minister, in her speech to the Conservative party conference last year was unambiguous: “Our economy (...)