Any Budget always seems to be summed up by one word. ‘Boring' might be a reaction from many who think the Chancellor just repeats all the previously leaked new policies.
But this time around George Osborne kept referring to ‘aspiration' to keep himself in classic Conservative heartland. He went back to policies about making it easier to get onto the mortgage, or housing ladder - so we moved on from ‘Right to Buy' to ‘Help to Buy' as he staked a big bet on kick-starting the economy by kick-starting the housing market . Along with this, he played to the masses by announcing a General Anti-Avoidance Rule on tax and marked the cards of those who help with tax avoidance. No surprise there. And he also announced he expects to raise another billion from t...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes