Departed Downing Street Policy SpAd Says Taxes Will Rise in Autumn Budget
After Guido first reported the departure of Downing Street’s infrastructure SpAd Nick Williams in a policy unit shake-up the ex-SpAd has taken to The Times to swing his bat. Williams, previously a Treasury civil servant before moving to become Labour’s Head of Economic Policy, says:
- Public spending plans aren’t credible, taxes will have to go up in Autumn budget.
- That budget is the “last opportunity to make a meaningful change that the public has time to feel before the next election.“
- The spending review and budget should be merged into an annual event. Would make the OBR’s life easier…
- Ministers had initially planned to freeze personal independence payments until planning reforms were deemed sufficient to boost growth.
Williams says the fiscal rules are “responsible and fair” and that Labour can and will raise taxes further without breaking its manifesto promises to pay for defence and the cuts to migration. That sound you can hear is the pitch being firmly rolled…