austerity

So austerity hawks who want to use inflation as a cudgel with which to beat the economic left need to be shut down as quickly as possible.

She said the, now "unrecognisable", Labour Party's budget last week was a "missed opportunity" which resulted in "continued austerity, inequality, poverty, and hardship for millions of people".

Think back a little further to the general election campaign and one of the SNP’s key attack lines was that a Labour government would deliver continued austerity.

With £1.5bn in extra spending for the Scottish government this year and an extra £3.4bn in the year leading up to the Holyrood election, the SNP could hardly attack the budget as continuing austerity.

A line can be drawn under the years of austerity, at least until a longer term spending review.