Skip to main content
The autumn budget: the hard facts paint a bleak picture
JAMES MEADWAY sizes up a Budget which has driven a coach and horses through the government’s green rhetoric
Rishi Sunak Budget

RISHI SUNAK has delivered a Budget that confirms the turn inside the Tory Party away from austerity spending cuts. 

It confirms that this is Boris Johnson’s government, eager to spend and intervene in the economy in a way that we have not seen Conservatives do for a very long time. 

To win a new consensus on government spending and investment is an important victory for anti-austerity campaigners.

Donate to the Fighting Fund
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
Argentina's newly sworn-in President Javier Milei, center ri
Features / 21 December 2023
21 December 2023
Already the extremism of the new Argentinian president’s administration is being watered down in the face of reality – but now the Chinese central bank has cut funding it could be in serious trouble, writes JAMES MEADWAY
As prices have soared, the major businesses that dominate gl
Features / 19 April 2023
19 April 2023
JAMES MEADWAY looks at the multiple emerging crises, most linked to climate change, that will lead to price rises for consumers and bumper profits for big business. The solutions, however, are simple
Nigel Lawson, applauded by then Prime Minister Margaret That
Features / 8 April 2023
8 April 2023
An early adherent of free-market fundamentalism, at Thatcher's side throughout her most damaging years, Lawson attacked our unions, industry and the very fabric of our society, writes JAMES MEADWAY
The Bank of England
Features / 24 March 2023
24 March 2023
The Bank of England has been swinging its interest rate bludgeon for the last year, and the wreckage is starting to pile up, warns JAMES MEADWAY
Similar stories
Budget
Features / 3 November 2024
3 November 2024
In the first of two articles, ROBERT GRIFFITHS argues that despite a parliamentary majority, Labour’s timid Budget fails to seize a historic opportunity and lacks the ambition needed to address Britain’s deep social and economic crises
Chancellor of the Exchequer Rachel Reeves poses outside 11 D
Editorial: / 30 October 2024
30 October 2024
Chancellor of the Exchequer Rachel Reeves leaves 11 Downing
Britain / 30 October 2024
30 October 2024
‘Labour’s plans to spend more on the NHS, schools and housing welcome. But budget falls far short of what a real government for workers should do’
Prime Minister Rishi Sunak during a visit to Sizewell in Suf
Britain / 19 June 2024
19 June 2024