NewsBot
20-Nov-22, 23:00
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Financial Pain Today But Chancellor Put Off Much More Pain Until after the next General Election
https://caithness-business.co.uk/image_cache/na18429_tn.jpg
Public finances As expected, the new Chancellor had to contend with a much worse economic and fiscal outlook than forecast back in March. For 2025-26, weak growth and high inflation led to receipts being revised down by £25 billion and spending on benefits and state pensions being revised up by £14 billion. [Read Full Article (https://caithness-business.co.uk/article/18429)]
Financial Pain Today But Chancellor Put Off Much More Pain Until after the next General Election
https://caithness-business.co.uk/image_cache/na18429_tn.jpg
Public finances As expected, the new Chancellor had to contend with a much worse economic and fiscal outlook than forecast back in March. For 2025-26, weak growth and high inflation led to receipts being revised down by £25 billion and spending on benefits and state pensions being revised up by £14 billion. [Read Full Article (https://caithness-business.co.uk/article/18429)]