George Osborne’s Budget measures took attention away from the state of the public finances. There is a long way to go before they are back to health, David Smith writes
The dust has settled on George Osborne’s fifth Budget. It has ensured that it takes its place in the roster of memorable Budgets with a big shake-up of pensions. For good or bad and I think mainly good liberating millions of people (over time) from the requirement to buy an annuity on retirement will make a big difference.
Adding to that another eye-catching move – increasing the annual ISA limit to £15 000 and removing the restriction on the proportion of that which can be put into cash – meant that the chancellor was able to get plenty of good headlines which...
