Rachel Reeves’ spring statement shows we’re in an economic crisis, and she’s out of her depth.

What was important about the Spring Statement from Rachel Reeves was what it did not say - like mortgage rates are going to rise by at least one percent, alongside house prices. We really are in a mess.

#uk #money #economy #politics #government #tax #labour #starmer #health #life #budget #banking #money #uk #britain #reeves #summer

ABOUT RICHARD MURPHY
Richard Murphy is Emeritus Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best-known book is ‘The Joy of Tax’.

This video was edited by Thomas Murphy.

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