Budget Creep: The UK Treasury's Uncertain Game

Budget Creep: Unraveling the UK Treasurys Pre-Budget SpeculationCameron Brown, a former Treasury special adviser, shares his unique perspective on the phenomenon of budget creep - the pre-budget rumors and hints that can cause market turmoil and real-world problems. Brown, who worked for two Chancellors within a single fortnight, reveals the systems flaws, including the Office for Budget Responsibilitys constantly shifting headroom number, which makes it difficult to plan for the future. Despite improvements over past eras, the core issue remains: delivering tax policy within an artificial window dictated by outdated forecasts, perpetuating the budget creep cycle.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.