Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Taxes and interest rates must go up and there have to be deep cuts in public spending, says HAMISH MCRAE

It's not going to work. Our new Chancellor's Budget was received calmly by the financial markets, but that's because they know that the Government will be constrained by two things.

Taxes and interest rates must go up and there have to be deep cuts in public spending, says HAMISH MCRAE

We haven't written up this one. This Is Money has the full story — the link below goes straight to it.

Read the original at thisismoney.co.uk →

More in Finance & Markets

More from Sunday 1 November →