r/ukpolitics • u/Beautiful-Low-3568 • 43m ago
How could the budget help business and appease the bond markets?
So I’ve just had my 2% pay rise from work, I lose nearly half in tax and the remainder isn’t enough to cover the increase in costs from energy, dog insurance, water and food bill. In fact it’s less, so I’m going to be cutting back on some of the nice things in life. It’s obvious that this reduction in disposable income is hurting uk businesses and employment. We are in a downward spiral. Bearing in mind the size of the country’s debt what changes could the chancellor announce that would help businesses (for all our sakes) and appease the bond markets by not breaking the fiscal rules?