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The Spring Budget

The Chancellor has finally delivered his spring budget. He extended free childcare and announced some of the biggest pension reforms in modern times. He uprated benefits. He also announced that corporation tax will increase from 19% to 25% from April. It was sold as back-to-work budget and a budget for growth. Some on the Conservative benches have been making noise and trying to pressure the Treasury for tax cuts, but no signs of rebellion yet. A low-tax champion, former Levelling up Secretary Simon Clarke joins the programme.

We also get the assessment of Paul Johnson, the Director of the…

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