Budgeting for resilience

AS usual, my colleagues at the Institute for Democracy and Economic Affairs (Ideas) produced an analysis of what will be funded, what the public will be asked to pay for and what reforms are being promised in Budget 2027 – widely deemed by bankers, investors, diplomats and pundits as an ‘election budget’, since we know a general election has to happen by early 2028.

In summary, Budget 2027 offers some reasons for cautious optimism, maintaining the path towards fiscal consolidation while providing support for households, essential services and strategic industries.