Latest Issue

Budget 2015: wellbeing rhetoric hides the truth

Osborne is talking about the long-neglected topic of wellbeing, but his policy needs to match his words

By James Zuccollo  

Have Osborne's cuts helped Britain's wellbeing? © HOWARD JONES/NEWZULU/PA Images

In 2010 David Cameron promised to “start measuring our progress as a country, not just by how our economy is growing, but by how our lives are improving.” Unfortunately, as dealing with the deficit became the defining mission of his Government, that promise seemed to fall by the wayside. This week, in George Osborne’s Budget speech, we glimpsed its return.

Trumpeting rising living standards in the UK, Osborne referred not to…

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

More From Prospect