Planning, policy and playing the long game

Labour came to power last summer on a mandate to boost growth and provide stability after a turbulent few years for the economy. The government's first six months in power however haven't been smooth, making the job even harder. While the Chancellor's latest initiatives to encourage growth, including Heathrow's third runway, have generally landed well, their impact won't be felt for a considerable time yet. For advisers and their clients, one of the most seismic events so far has been Labour's first Autumn Budget, which left both consumers and businesses shaken from the £40bn in tax r...