If Rachel Reeves wants to go down as one of the worst Chancellors in history, then she set about establishing her claim with yesterday’s ‘blame the Tories for things we all already knew’ speech. When her ambition is to penalise pensioners but let the rich off tax increases, you know how badly she’s misjudged the mood of the country.

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ABOUT RICHARD MURPHY
Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best known book is ‘The Joy of Tax’.

This video was edited by Thomas Murphy.

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