This is a very hard-hitting article which reminds us that George Osborne has always been light on economics and long in his political agendas.
Wolf has surgically dissected Osborne’s record and takes a dim view of his proposals for the future. Most critically, he also recognizes that the Labour Party does not have credible plans for effective economic management.
Personally, I expect political shock treatment in the UK whichever party returns to power.
The critical question for me is:
What’s the risk of the UK facing a major economic slump in the next five years, following a geo-political crisis?