Dec 012015

Amazing. You just can’t make this up can you? They’ve only just passed the Summer Budget of this year, not even a week has passed since the Autumn Statement, and now we’ve been given a date for the next Budget – 16 March 2016. 

Is there no end to the paper chase? (Surprised that a lawyer would say that aren’t you?!) Why don’t we just relabel the Autumn Statement. as yet another Budget and have done with it?

Why does George Osborne want so much attention? In the old days, Chancellors were trotted out of 11 Downing Street just once, or maybe twice a year. If they were especially well behaved they might get some airtime when boarding a plane to Washington, to beg for money from the IMF.

Yes I know the reason why. Wants to be in the limelight. Wants to be the next leader. But surely, it’s best to keep quiet rather than parade yourself in front of the public. As Sir Arnold Robinson (former secretry to the Cabinet) once said:

If they don’t know what you’re doing, they don’t know what you’re doing wrong.

(From the Diaries of a Cabinet Minister, by the Right Honourable James Hacker MP).

And history tells us that the next leader is rarely who you think it’s going to be…

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Satwaki Chanda

Satwaki Chanda

Satwaki Chanda is a tax lawyer with a First Class degree in Mathematics. Called to the Bar in 1992, he is the Editor of Tax Notes.
Satwaki Chanda

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