Britain’s budget risks being a huge missed opportunity

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MANY politicians would kill to be in Rachel Reeves’s position. Two weeks before her first budget, Britain’s chancellor has the benefit of an unassailably large majority in Parliament, a leaderless opposition and almost five years before the next election—enough time for even slow-burn policies to start winning over voters. If there were ever a moment to reshape how tax and spending work in Britain in support of the government’s self-professed aim of igniting growth, this is it.

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