
Bloomberg Daybreak Weekend: Eco Data, Budgets, Elections
Bloomberg Daybreak: Asia Edition
00:00
I Think He'll Be Focused on the Medium-Term, Not the Long-Term.
I think he's just going to very much be focused on shorter-term, if there are giveaways. He doesn't have a huge amount of headroom to play with for medium-term tax cuts that affect the medium-term picture. We might see something around capital allowances, but again, I think that would likely be a temporary thing rather than a permanent thing. It's interesting that you talk about some of those allowances, because we have been reporting that he's considering doing something around incentivising investment. How big a problem is that in the company? It's a huge problem.
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