meh

income & NI = benefits most people at a time household budgets are under pressure. Given reliance on retail/service economy, makes some sense.

stamp duty - props up the housing market at a time when banks will be getting twitchy about falling house values. given rising interest rates and need for 30% (?) homeowners needing to remortgage over the next 12 months, makes sense to prop up LTVs.

additional rate - dunt really get it, but might feed into the next one

bankers bonuses - clearly trying to shore up the financial services sector post-brexit, making it more attractive to stay (or set up) here. Would rather they sorted passporting etc but meh.

It's a gamble for sure, but not sure what the alternatives really are. Damned either way tbh.

Posted By: CWC, Sep 23, 11:44:00