Measures on VAT, business rates and training could be part of his July stimulus package
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The Chancellor has an emergency budget to deliver this summer: the Guardian outlines some of the policy options that might be available to him - looking at a range of tax cuts, cuts to National Insurance and business rates and infrastructure investment.
All of which costs money - but where is this going to come from? Increased borrowing is my guess. I wonder if George Osborne is going to try and take credit for this, by suggesting that if it wasn't for austerity, we'd never be in a position to do this?