Our authors deliver their judgments on the spring budget

Charles Windsor
Charles Windsor

Published: May. 4, 2024

BUDGET 2024 | ANALYSIS

I find myself broadly aligned with Jeremy Hunt's politics, taking a liking towards his personal style as well. My inclinations naturally steer me towards being supportive of this year's budget, especially given the impending elections. But there's an essential caveat that we must not overlook...

Despite my general sympathies towards Hunt and his financial plans, I strongly believe that nothing he could have proposed would dramatically shift the underlying political climate. The prevailing circumstances seem to be far too ingrained to be easily swayed.

Along these lines, I find this budget to be steadfast, maintaining fiscal conservatism in the short run while hinting at a prospective course of action. This, in my opinion, is a judicious approach considering the present political landscape.

I must confess, though, that I am not particularly in favour of the proposed reduction in national insurance. Yet, it wouldn't be wrong to say that it was a necessary political maneuver for a Tory chancellor on the verge of elections.

I am, however, enthused about the fiscal provisions made for enhancing public sector productivity. This is a subject that, I believe, should have been brought to the forefront over a more extended period. Having said that, I do have bigger...

Comments

You must log in to post a comment.