The chancellor would prefer forecasts to be more upbeat, but the economic outlook is unremittingly bleak
Rishi Sunak has chosen to prioritise pre-election tax cuts rather than addressing the cost of living crisis.Rishi Sunak has chosen to prioritise pre-election tax cuts rather than addressing the cost of living crisis.ishi Sunak should be used to grim economic forecasts. In his two years as chancellor, he’s been warned to brace for the worst jobs crisis since the 1980s, a recession without parallel for three centuries, and the biggest shock to the public finances since the second world war.
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