Image source, Getty Images- Published10 minutes ago
It was not a mini Budget, but it was rather small. It might be called the "micro Budget".
Small does not necessarily mean bad, but it clearly falls short of radical action to create a promised new economic model.
A new "theory of growth" was not unveiled as promised by the prime minister Andy Burnham.
It was preamble, roadmap, consultation, perhaps the starter to the main course, which appears to be the PM's 10-year plan next month.
