The UK Budget: a fiscal fiasco?
Update: 2024-11-02
Description
In this episode, we critically examine the UK’s Autumn Budget 2024, presented by Chancellor Rachel Reeves. We delve into the £40 billion tax hikes, including increases in employer National Insurance Contributions and capital gains tax rates, and assess their potential impact on businesses and economic growth. The episode also explores the significant public spending allocations, such as the additional £22.6 billion for the NHS and £6.7 billion for schools, questioning the effectiveness of these investments in stimulating long-term economic prosperity. We analyze market reactions, including the rise in government bond yields and concerns over increased borrowing and inflationary pressures. Furthermore, we discuss criticisms regarding the budget’s alignment with Labour’s campaign commitments and its implications for public trust. Join us for an in-depth analysis of the fiscal decisions shaping the UK’s economic landscape.
Become a supporter of this podcast: https://www.spreaker.com/podcast/mark-and-pete--1245374/support.
Become a supporter of this podcast: https://www.spreaker.com/podcast/mark-and-pete--1245374/support.
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
