Vouchers for spending in shops? VAT cuts? Maybe the economy needs a different sort of therapy

Radical measures are being considered to encourage consumption. But doesn’t UK plc have enough of that? At least some economists think so, writes James Moore

Chancellor Rishi Sunak speaking to shoppers. Can he persuade them to spend with his summer update? (HM Treasury)

Will it be radical Rishi Sunak who takes centre stage for tomorrow’s summer update?

Over the weekend it emerged that Treasury officials have had discussions with the Resolution Foundation about a £500 voucher scheme, which could give every adult a bung to spend within suffering sectors. Plus maybe £250 for the kids.

It’s one of a number of options that have been floated, with a view to putting a little energy into the stuttering economy – as its current performance is starting to scare people.