- Toby Melville/Reuters
- On Wednesday, Philip Hammond will announce the UK government’s next budget.
- But MPs and commentators aren’t overly excited about the reportedly “boring” and “uninspiring” budget.
- The Chancellor is already under pressure, and it will be “make or break” for him, one minister said.
Some MPs and commentators aren’t overly excited about the British government’s upcoming budget.
On Wednesday, Chancellor Philip Hammond is due to unveil the Conservative government’s next budget, and the media has been briefed on some of the key lines ahead of time.
Expected news includes a focus on housing reform that aims to bring housebuilding from 217,000 up to 300,000 homes a year, £42 million for teacher training, and reform of the decried six week wait for universal credit recipients, according to The Guardian.
But overall, expectations are not high.
In a Facebook post, ITV’s Robert Peston said the budget is lacking a “big story” or “narrative,” but the party is hamstrung by its political weakness. “[The government] desperately needs to do big, bold and imaginative things, to prove to voters it has a vision and is in charge,” he wrote.
“But with its non-existent parliamentary majority, and the permanent threat of revolting MPs, it can’t do anything big, let alone bold.”
On air, he went even further, calling it “possibly the most boring” budget he has ever covered.
Meanwhile, The Telegraph is reporting that Theresa May forced the Treasury to make an early announcement on schools following fears over the run-up to the budget.
Some Conservative MP’s reportedly view the budget as “uninspiring,” and one minister told the paper it would be a pivotal moment for Hammond, who is already under pressure: “It is his Budget, he will stand or fall by it … He will have to have a fairly spectacular Budget to save himself. If he flops again he is done.”
It’s a sentiment echoed in The Guardian, with one minister saying: “This is make or break for him.”