Although the budget is intended to be an annual set piece, thinking in terms of a timeframe of a single year would be “a nonsensical way for the chancellor to navigate the choppy waters he faces”, writes IEA Director General Mark Littlewood.

In his biweekly column for The Times, Mark argues that the Chancellor must use the upcoming budget to combine “a gentle unwinding of Covid support measures” with a “clear plan to get the public finances under control through supply-side reforms and a less incontinent approach to government spending.”

Read his full column here.