Budget summary

It was billed as a difficult Budget to navigate. Growing spending pressures that were in play before the pandemic have been compounded by Covid-19-related catch-up demands, including health and education. Interest rates have been inching up, too, making debt repayments a bit pricier. Throw in a brewing cost of living crisis amid building inflationary pressures and looming tax hikes, and it looked like very tricky terrain indeed. So how was the Chancellor going to navigate it?

Continue reading