What have we learned from Budget 2024? Tuesday contained very little news, and that is a good thing. Making budget days boring should be a government slogan. Process over pantomime every day, at least for me. First, the main decisions around taxation and spending had been well-flagged. Second, the government has mixed the stand-still spending it needed to cope with our ageing society with one-off measures to produce a highly progressive budget. Thirdly, the government has shoved as much excess cash as politically feasible down various funding envelopes. That’s the tl;dr of what we learned. Now let’s dig into the…
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