• The post you are reporting:
   
  Ah yes indeed Phillip you may be a tad cynical there but there is a lot in what you say. We will be all hanging onto George's every word hoping for this or that. But this is the most trailed Budget ever. There was a time when secrecy was the thing but now this time around the media has been briefed. For example it is almost a racing certainty that the 50p tax rate will be scrapped, and the latest leak this morning suggests that basic rate of income tax will rise to £9,000, welcomed by all, its not the £10,000 hoped for but still...pretty good move. This no doubt to appease the outcry that will surely follow the dropping of the tax on the rich.
  
  Willie Walsh, Chairman of the group that runs British Airways etc, was quoted on the radio this morning as he has given an interview to one of the national papers..he is just back from China and he said the Chinese are laughing at our measures. We see little prospect of growth in the UK..say the Chinese.. as the UK is a nation overburdoned by taxes and hamstrung by government red tape.

Report Post

Your Name

Reason