Cautious approach in Budget an indicator of underlying issues

A huge national debt, as well as the twin threats of Brexit and a global slowdown, ensured Pascal Donohoe was never going to get involved in a giveaway, writes Neil Gibson

To many, Budget 2020 was a bit dull. A cautious and restrained budget may seem at odds with an economy that is more than 50% larger in GNP terms than it was five years ago and is one of the world’s fastest-growing developed economies.