TaxAdministrationBlog: A ‘growth’ Budget overshadowed by disappointing… growth

Blog: A 'growth' Budget overshadowed by disappointing... growth

The chancellor changes tack but will his new focus on growth work

SO WHERE DOES the Budget leave us?

Take chancellor George Osborne’s own words: “From rescue to reform, from reform to recovery” as a guide and there’s little doubt he believes we’re locked into the reform stage for the UK economy.

The Budget did go some way to change the debate. The speech (sometimes a poor judge of a Budget’s content) fixed on growth as its central theme and hammered at it for all 57 minutes. Osborne’s intent was to leave voters and the markets in no doubt that he isn’t just a one trick pony banging on about cuts, but has indeed switched tack to get into the growth groove. Indeed, together with business secretary Vince Cable, the chancellor produced an entire report about growth that went out with the Budget papers.

 

To read the full article click here.

Related Articles

Tax transparency plans adopted across Europe

Administration Tax transparency plans adopted across Europe

2y Fraser Simpson, Reporter
UK pressures OECD to tackle unhelpful tax jurisdictions

Administration UK pressures OECD to tackle unhelpful tax jurisdictions

2y Fraser Simpson, Reporter
UK leads charge for action on beneficial ownership

Administration UK leads charge for action on beneficial ownership

2y Fraser Simpson, Reporter
New HMRC exec chair outlines priorities to PAC

Administration New HMRC exec chair outlines priorities to PAC

2y Fraser Simpson, Reporter
Cameron to announce new corporate offence for tax evasion

Administration Cameron to announce new corporate offence for tax evasion

2y Fraser Simpson, Reporter
MPs tell government to reconsider how it appoints OTS chair

Administration MPs tell government to reconsider how it appoints OTS chair

2y Fraser Simpson, Reporter
Taking Stock: Doh! Homer announces exit after securing No 1 spot

Administration Taking Stock: Doh! Homer announces exit after securing No 1 spot

2y Taking Stock
PAC risks credibility after accusing Big Four of driving tax policy

Administration PAC risks credibility after accusing Big Four of driving tax policy

5y Calum Fuller, Reporter