Suddenly the magic money tree appears

“‘There is no magic money tree,’ Theresa May said during the election campaign when confronted by a nurse complaining about low pay. Yet now that the Conservatives need the support of the DUP to give them a working majority, suddenly the magic money tree appears: £1 billion of additional spending has been promised to Northern Ireland. Can austerity survive such hypocrisy?”

Simon Wren-Lewis, Professor of Economic Policy, Oxford University, 7 July 2017