What happened to fiscal conservatism?

Tories shift from austerity to magic money trees

Boris Johnson
 
(Image credit: Oli Scarff/AFP/Getty Images)

The Taxpayers’ Alliance has warned Boris Johnson against “splashing the cash” in a bid to win a snap election.

As the pro-Conservative campaign group’s boss John O’Connell notes in an article in The Times today, the Institute for Fiscal Studies (IFS) last week “laid out in stark terms how far the Tories had moved from their platform of fiscal prudence”.

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