Today’s UK budget is called ‘the budget for growth’ with the four E’s of enterprise, education, employment, and everywhere. Jeremy Hunt heavily trailed the latter in a speech he made at Bloomberg’s offices in January. Many of the proposals in the Budget were as expected and were known by the media. In other words, there …
Key UK economic data to consider ahead of Budget 2023
Ahead of the March 15 Budget, some of the most important data released in February are worth reviewing to gain insight into what flexibility and room for policy manoeuvre the Chancellor may or may not have available. These are price inflation, wage inflation, economic growth, public sector borrowing figures and money supply. The essential news …
Continue reading “Key UK economic data to consider ahead of Budget 2023”
An election Budget?
This Budget was presented by a government that seemed to be preparing for an imminent general election. It promised tax cuts, continued growth, lower fiscal deficits and more spending on the NHS and the welfare state. Of course, a lot of this may not come to pass. Given the significant turbulence of the last …