The Chancellor knows he has but a short time to deliver results, hence the baby steps

The UK remains officially stagnant, with growth forecasts feeble, and Hunt's Budget was not a blueprint to transform the economy

Budget 2023: A recession avoided – technically – but the UK economy remains at a standstill

Chancellor Jeremy Hunt leaves Downing Street with the despatch box to present his Budget to Parliament on Wednesday For a Chancellor determined to be dull, this was a Budget packed with consequence. Not as dramatic – thank goodness – as the Treasury’s last occupant. This time, Tory MPs cheered simply because the rabbit pulled out of the hat was in fact a rabbit, and not a live grenade.

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