The Chancellor is under pressure to deliver a bold Autumn Budget that deals with the big challenges that Britain faces – at home, as well as in Europe.
What is the economic backdrop to the Autumn Budget, and how might it affect the Chancellor’s financial wriggle room? From the living standards squeeze and concerns about young people’s prospects to the state of the public finances, what are the big domestic challenges facing the government, and what is the best approach to tackling them?
At an event at its headquarters the Resolution Foundation convened the Chairs of the three main economic select committees to hear their thoughts on what should be in the Budget. The Foundation presented its pre-Budget outlook, followed by contributions from Nicky Morgan (Treasury), Rachel Reeves (Business, Enterprise and Industrial Strategy) and Frank Field (Work and Pensions). A Q&A followed.