Hammond has now done a spectacular U-turn on the NIC increase for the self employed in his budget.

The speed at which this has happened signals to me that the government is very keen to be seen to be doing the right thing and representing their population.

It is unlikely that Hammond didn’t know that it was an election promise, so one is left to wonder if it was a play.  Either way, the message is clear –

”Trust in your government”

It means, like the immigration promise that they lost control over (damn those refugees in 2015 for overwhelming the border – who knew?) – so too they have another ‘fate accomplis’ to present us and we need to be buttered up.

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