Gordon Brown’s pre-Budget speech on 6
December will focus on the flexibility of the economy and the stability of
public finances, KPMG’ leading economist has predicted.
Andrew Smith, KPMG
chief economist, said the speech would cover ‘everything from skills to
planning to transport infrastructure – security, and, of course, the
review under his belt, the Chancellor is expected to set out a menu of green
tax options, although the introduction of some specific measures cannot be ruled
out,’ he added.
‘As we all use energy domestically and for transport, most green taxes you
can think of tend to hit the poor (who devote a higher proportion of their
income to utility bills than the rich) hardest,’ Smith added.
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A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
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