Budget: April 2009

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Originally Posted by mypost

UK Budget at a glance

http://news.bbc.co.uk/2/hi/uk_news/politics/8011882.stm

From the outside looking in, it seems to be a policy of stimulation rather than taxation, with a limited amount of tax hikes.

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I thought it was a budget of do SFA hope things improve till the election next year then have a real hair shirt budget then. - effectively burying their heads in the sand . Labour are screwed but Cameron is such a lightweight they might just pull it off

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Originally Posted by Newryrep

I thought it was a budget of do SFA hope things improve till the election next year then have a real hair shirt budget then. - effectively burying their heads in the sand . Labour are screwed but Cameron is such a lightweight they might just pull it off

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Exactly, they are deferring the pain, which is a purely political move. It won't save Labour, I think all they can hope for is that when the Tories come to power and have to raise taxes immediately the electorate somehow forget who caused the problems.

The Brits are probably in about as bad shape as we are tbh.