Mr Hammond, Chancellor of the Exchequer, rose to the despatch box on Wednesday like a condemned man given one last chance beneath the gallows to plead for his life. It would have to be an oration of such extraordinary potency that the bloodthirsty multitude might cry out for clemency… The mood in the Tory Party is sanguine: another cock-up budget like the last one (when hikes in NICs for the self-employed had to be reversed within weeks) would have spelt the end for Mr Hammond – and possibly for the fragile May government itself. (Though exactly what might replace it is the overwhelming question.) A do-nothing budget would also have gone down badly.. |
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