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Largely a nonsensical, pure Tory mini-budget yesterday. Disgusting really
They gave the relatively well off some more money, but that immediately got inflated away with a weakening of Sterling. Which will leave the well off probably about flat, but those at the bottom end worse off.
NI change - wasn't needed now the change is in and people are used to it. Benefits the relatively well off who will just save more (no trickle down), rather than spend more (inflationary).
Stamp duty change - stop propping up the property market, most likely due to self interest
Bankers bonus - because the 200% cap wasnt enough, let's incentives reckless behaviour 2000-2008 style.
Corp tax reversal of planned increase - good idea
Creation of low tax zones - good idea
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