It has been dubbed an ‘emergency Budget’ since it comes after the surprise Conservative election victory in May. With no election for five years, Osborne has been more willing and able to make tough measures that could upset people. This should be largely expected, however, it is somewhat surprising and disappointing that the Chancellor has delivered the first Conservative-only Budget since 1996 that is in parts a cap on aspiration, in parts delusional, and in parts naïve.
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