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UK Budget 2024: Deep dive with two of the UK's top finance experts
Nov 1, 2024
Join Paul Johnson, Director of the Institute for Fiscal Studies, and Claer Barrett, Consumer Editor at the Financial Times, as they dissect the intricacies of the UK Budget 2024. They discuss the impacts of recent tax hikes and spending changes on individuals and businesses. Topics include challenges for first-time home buyers due to stamp duty changes, the complexities of pension reforms, and the pressing need for comprehensive tax reforms. The duo also critiques the balance between economic growth and green investments amid rising public service demands.
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Quick takeaways
- The recent UK Budget introduced significant tax hikes, impacting public finances and creating lasting economic implications for businesses and citizens.
- Rising employer National Insurance contributions are expected to strain the labor market, potentially leading to hiring freezes and slowed wage growth for workers.
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