Has George Osborne completely forgotten the banking crisis, or has it just slipped his mind? In an interview on Radio 4 this morning he spoke of his excitement at the new products the financial services industry may invent to sell to people who will soon get access to their pension pots.
The contested details of the latest proposals from the UK Chancellor are only partly illustrative of the momentous economic challenge that lies behind and beyond the Budget, says Simon Barrow. Right now the entire system based at Westminster is failing adequately to comprehend and address, let alone tackle, the really big issues in which economics is a major factor.
As usual, Ekklesia will offer running budget comment, analysis and response (http://www.ekklesia.co.uk/budget2014) today and tomorrow (19-20 March 2014) - highlighting especially the moral and social issues, alternative economic perspectives, the response of charities, NGOs and faith groups, and emerging policy questions.