Magazine
Latest Issue

Three priorities for the forthcoming Budget

Measures that are economic and electoral good sense

By Shreya Nanda  

Chancellor of the Exchequer Rishi Sunak. Photo: WIktor Szymanowicz/NurPhoto/PA Images

Following his sudden rise, the new chancellor Rishi Sunak will face the task of financing the government’s “levelling up” agenda and manifesto spending pledges, while also dealing with the party’s more traditional low-tax, low-spend instincts. Here are some ideas for how to create a fairer and more dynamic economy while also marrying these competing interests.

First up: rethink the taxation of unearned income. When we think of “income” we typically think of earnings from employment; but not all forms of…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect