Abolish the budget in its current formSummaryThe annual budget should be abolished in its current form. It should be replaced by a simple statement outlining the tax rates, allowances and borrowing levels required to finance the government’s spending obligations as outlined in the previous...

2014 Budget should be the last in its current formatSummary· Even though growth has picked up significantly in the last three quarters, the UK’s economic and fiscal challenges remain much the same.· A significant amount of fiscal consolidation will still be needed in the next Parliament, and...