By strengthening the OBR, Reeves has created severe difficulties for herself. Vital decisions about our economic future should be made by politicians, not unelected quangocrats, says Paul Ormerod

Later today we will know for certain what is in Rachel Reeves’ Spring statement, a budget to all intents and purposes. But as is usually the case these days, substantial parts of it have been widely trailed in the media.

A key theme in the commentaries on the topic is that the Chancellor has boxed herself into a corner.

Following the massive rise in the overall tax burden in the autumn measures last year, she has ruled out further increases. On the spending side, welfare benefits are........

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