You've Squeezed Us All so Hard Your Stealth Taxes Are Hurting Now, Gordon

Summary


COMMENTARY BY JANE PADGHAM Economics Correspondent

IT was the promise that convinced millions of middleclass Britons there would be no going back to the economic policies of the past, and helped sweep New Labour into power after 18 years of Tory rule: "There will be no return to tax and spend."

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You've Squeezed Us All so Hard Your Stealth Taxes Are Hurting Now, Gordon

Nine years on, that promise seems no more than a distant memory.

As the clamour for significant, identifiable improvements in the public services has intensified, so the Chancellor has moved back onto familiar Old Labour ter...

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