Rishi Sunak will use his budget to insist the UK is entering an economic “age of optimism” despite a looming cost-of-living crisis, after making a deluge of promises to spend billions more on health, transport and skills.
In an attempt to strike an upbeat tone during his second budget on Wednesday, the chancellor will say his aim is to create a “new economy post-Covid”.
But with the threat of rising inflation and holes in the public finances, Torsten Bell, the chief executive of the Resolution Foundation thinktank, warned the country was facing an “age of uncertainty”.
Though the Treasury has already announced a series of spending measures before the budget statement, Sunak is expected to unveil a flagship measure to help families hit by the
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