Think tank calls for overhaul of Budget's 'vote chasing' format

In a Budget submission, the think tank's director general Mark Littlewood called for the abolition of the current all-encompassing Budget and recommended it be replaced with a short statement outlining the changes to tax rates, allowances and borrowing required to meet public spending obligations. All other announcements should be made by the relevant departments, he said. Littlewood and his co-authors, Philip Booth and Ryan Bourne, criticised the events of having moved "far beyond [their] original purpose, creating uncertainty for both business and households across the UK". The m...