Part 2/11:
The consensus among economic commentators is that this budget was primarily designed to bolster the government’s political standing in the short run. It was characterized as a classic "tax and spend" strategy that caters to left-wing critics, rather than a plan to revive the sluggish economy. Both the far-left and far-right political spectrums seem to be gaining ground, underscoring the need for a credible and bold plan from Labour to regain the political center.