With his 2024 Spring Budget, UK Chancellor Jeremy Hunt intends to deliver long-term growth through “more investment, more jobs, better public services and lower taxes.” The latest CfM-CEPR survey asked its panel to forecast the short-run effect of the announced national insurance contribution cut on the UK’s GDP, to predict whether the next government would have to raise taxes to make public debt sustainable, and to evaluate the current set of fiscal rules. Most panellists believe the national insurance cut will not stimulate the UK economy and the subsequent government would need to raise taxes to ensure the sustainability of public debt. The majority believe the current fiscal rules are either ineffective or counterproductive in limiting public debt build-up. […]