There is some truth to that, however the problem is that many firms struggling to make a profit would if they weren't taxed so heavily and the Exchequer (and Councils etc) are making a lot of ta… (View Post)

Some sensible reforms could address much of this. Rates are horrific for hospitality as they escalate based on boosting trade, especially cruel for low margin/high taxation businesses. But for dereli… (View Post)

Of course the pain has been postponed until 2029. The rules are like fusion. The budget will balanced in five years, and always will be. 2029 is towards the end of the five year window so that is tim… (View Post)

Not sure on that. That means the Exchequer loses VAT etc on the spending, as well as local businesses losing it too. Them being abroad for the last year or two of their life, when spending is the hig… (View Post)

The problem is not the Budget. The problem is not the OBR. The problem is running permanent budget deficits in the hundreds of billions of pounds and then acting as if all is fine as some artificial … (View Post)