Spring is the season of growth. But not if you are Rachel Reeves, whose Spring Statement on Wednesday is to be a painful reckoning with the inevitable effects of her first Budget last October.
Dominic Lawson writes he is glad Rachel Reeves removed his father Nigel Lawson's portrait from the Chancellor's office. He believes her policies are damaging the entrepreneurial spirit Nigel Lawson promoted and that she wrongly criticizes his economic legacy, especially regarding inflation control and government spending. He argues Nigel Lawson's Chancellorship saw strong growth, restrained spending, and a balanced budget, while acknowledging the current economic challenges Reeves faces are different due to demographic shifts.
