By George!
Global Tax Insights
25 March, 2014

By George! The UK's Chancellor (Finance Minister) seems to have brought off the impossible by announcing a budget which everyone agrees with. Of course the Opposition (its duty is to oppose, as they always say) sent up some ritual distress flares, but they illuminated more of Labour's distress than Osborne's. Different commentators had different takes on the cleverness of the Budget, from very clever to surpassingly clever; but no-one called it stupid. Everyone realizes that it is an electoral Budget; that is hardly worth saying. What is perhaps worth observing is that there is no doctrine in the Treasury at present; there is just a cold calculation of how to retain and increase political power. Like it or not, this is the most impressive governing engine that has been seen in Whitehall for decades. Read More »
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