Analysis > June 2016

Yahoo – it’s Fiscal Space time again!

So the economy is growing like topsy, the taxes are rolling in, the deficit and the government debt are falling rapidly, as is unemployment.  What could possibly go wrong? Well plenty, says the Fiscal Council – from Brexit, to a changed corporate tax regime in America, to simple lower growth, all of which could severely knock  what is still a rather delicate set of government accounts.  (They are too polite to mention the ever present risk of dumb-ass politicians making …