Controversy of the week
“Many politicians would kill to be in Rachel Reeves’s position,” said The Economist. For her first Budget, on 30 October, the Chancellor has “the benefit of an unassailably large majority in Parliament, a leaderless opposition and almost five years before the next election”. If ever there was a moment to reshape tax and spending in the UK so as to ignite growth, as she aims to, “this is it”. True, Reeves has to find £20bn to £30bn “to stop Britain’s feeble public services from crumbling further”, but that shouldn’t be impossible in a state that raises more than £800bn per year in tax. Unfortunately, though, most of the signs so far “are uninspiring”. Reeves “has trailed a slapdash effort, cobbling together revenue-raisers while trying to wriggle…