Agree with all this excellent advice from @chrisgiles.ft.com - don’t try to cut inflation through subsidies - don’t use accounting fiddles to raise defence spending - don’t use “flexibility” in fiscal rules - do focus on whole economy, not manufacturing - don’t heap even more tax on high earners
should avoid. Number 1 is something the new PM seems unable to grasp... www.ft.com/content/9df2...