As the small print of Jeremy Hunt’s first Budget are analysed, cracks are starting to appear in his offerings ⚠️ eleanormia explains the danger points Budget2023
the changes to pensions were “unlikely to have a big effect on overall employment”.
Ranil Jayawardena, the MP who founded the Conservative Growth Group, said: “At a time of rising nominal wages, this will be an effective income tax rise for workers across Britain, and a review of family taxation would be a good next step for the Chancellor to take.” Mr Hunt and the Bank of England will likely face questions over whether the UK economy is immune from the effects of such market turmoil.
“The Chancellor spoke of growth yet did nothing to introduce the pro-growth measures that are necessary if the private rented sector’s supply crisis is to be addressed,” said Chris Norris, policy director for the National Residential Landlords Association .
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