BUDGET 2016: A giveaway budget
From childcare to health to exercising restraint close to an election, the budget is prey to many conundrums
The government is heading into its final budget on Tuesday with the most favourable economic tailwind of its entire term. Tax revenues could be €2 billion ahead of forecast by the end of the year. Oil has dropped from $100 to $50 a barrel, leading to lower electricity bills and cheaper prices at the pumps. And the euro has dropped more in value against the dollar and sterling, bringing a flood of US and British...
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