Scottish Labour's leaders cannot keep blaming Westminster for the collapse at the ballot box, says VINCE MILLS
BEHIND the bad jokes, gimmicks and rather meagre “giveaways” in this week’s Budget, the main story was a substantial downgrading of growth forecasts in a situation where economic growth is already currently the lowest it has been since the Tories came into office and the slowest of the major economies in the G7.
Forecasts for wages and productivity have also been downgraded as have levels of business investment.
As the economist Larry Elliott put it, “the real story was not the latest attempt to boost home ownership but the news from the Office for Budget Responsibility (OBR) on the state of the economy. This was little short of calamitous.”
If the government really wanted to address public finances, improve living standards and begin economic recovery, it would increase its borrowing for investment, argues MICHAEL BURKE
The 2025 Budget shores up the PM’s political position with headline-grabbing welfare U-turns, but with no improvements on offer to declining public services or living standards, writes MICHAEL BURKE
Under current policy, welfare cuts are just a small downpayment on future austerity, argues MICHAEL BURKE
Exempting military expenditure from austerity while slashing welfare represents a fundamental misallocation of resources that guarantees continued decline, argues MICHAEL BURKE



