With the budget deficit now at anything between £30 and £50 billion and the tax burden at a 75-year high, the chancellor faces difficult choices in the autumn budget. Further tax rises look inevitable, but they don’t have to damage growth or hit working people hardest.

In this briefing, we outline how the government can navigate tight public finances while delivering on its growth mission. From removing harmful subsidies like the aviation tax exemption and fuel duty freeze, to accelerating investment in clean growth sectors worth up to £1 trillion by 2030, we show how smart fiscal choices can boost the economy, tackle climate change and provide targeted help with energy bills for households and industry.

For more information, contact:
Steve Coulter, head of economy