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UK Budget 2005 - Run-up comment

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Martin Wolf: The flaws in Britain's fiscal policy

The question is not only whether the chancellor will meet his fiscal rules going forward but whether these rules need to be modified.

In pursuit of a far less ramshackle tax system

The debate on what is the right level of tax for Britain will continue in the run-up to the election and beyond. But what nearly everyone can agree on is the need for a simpler tax system, writes David Martin, a former head of tax at a leading City law firm.

Samuel Brittan: Brown's less than golden rule

In setting so much store by the golden rule, Gordon Brown has created a rod for his own back. In truth it does not matter all that much for the economy whether the rule is observed or not.