The Chancellor’s November ‘Financial Statement’ revealed more spending and more government borrowing, but no mention of tax rises. The UK budgetary cycle is in something of a mess at present. In 2019, unusually the was no Budget thanks to December’s general election. For the same reason, the three-year Spending Review which should have been accompanied the Budget was abbreviated to a one-year Spending Round. Just as unusually, it was presented by a Chancellor, Sajid Javid, wh