Tag: Budget

Sunak’s ‘tax bombshell’ is likely to be a damp squib

Here we go again… another day of alarming headlines about a tax ‘bombshell’ set to hit as soon as the Autumn Budget, with a ‘state pension grab’ chucked in too. Fortunately, there isn’t much substance in any of this – at least not yet. Let’s start by contrasting what the Sunday newspapers are saying. The … Continue reading Sunak’s ‘tax bombshell’ is likely to be a damp squib

Chancellor gets it just about right

Rishi Sunak’s ‘Summer Economic Update’ was judged well – and delivered well – but it remains to be seen whether all the headline-grabbing measures will live up to the hype. The blizzard of announcements, culminating in the gimmicky ‘Eat Out to Help Out’ scheme, left me at least wondering whether the Chancellor was trying a … Continue reading Chancellor gets it just about right

Now is the time for the Government to make the bold decision to do less

Rishi Sunak is having a relatively good crisis. The Chancellor and his team certainly deserve plenty of credit for the way the Treasury has shielded the large majority of businesses and jobs during an unprecedented slump in economic activity. But this task has been made easier by the broad consensus on the appropriate policies and … Continue reading Now is the time for the Government to make the bold decision to do less