
Ep 115: Fiscal incontinence - what the mini-budget means for doctors
Medics Money podcast
00:00
The Government's Mini Budget Is Not a Budget
This is very much a debt-fueled budget with minimal details in the statement about how they're going to fund their changes or rules. Government borrowing as a share of GDP on course to hear nearly 100% in five years, you're having to learn 93%. So putting more money in people's pockets for them to spend, that's likely to put pressure on prices. The governments have also spooked the markets quite a lot by sending the pound and UK bonds into meltdown.
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