Hammond’s plan – from abolishing Stamp Duty for most first-time buyers, through to reforms to help Universal Credit recipients.
Posts Tagged: Budget
We cannot be the tired heavyweight in the twilight of their career landing a few punches. We need the energy and urgency of the underdog to go on the attack.
Cutting the cost of living. Building more houses. Protecting the NHS. Developing skills. A draft of the proposals Hammond should deliver.
“In the run-up to Budget people running all kinds of services come to see us and they always have very large numbers which are absolutely essential otherwise Armageddon will arrive.”
Given the resistance of Tory MPs to spending cuts and tax rises, Hammond’s easiest course would be to push any into the future. But this wouldn’t be problem-free…
Five priorities set out here would boost exports, tackle business rates, protect the self-employed, increase housing and create jobs.
Letting disagreements about Brexit leak into the Budget’s treatment could deal the Government irreparable damage – and voters much harm.
The Chancellor should also support life-long learning through training vouchers, and offer tax breaks for politically independent trade unions.
The Chancellor should commit to a Family Services Transformation Fund of £100 million over four years to help relationship support and post-separation support.
Ideas for the Budget 2) Andrew Lilico: How Hammond can create sovereign wealth funds to invest in housing
Plus: the official measure of inflation should be changed; student funding requires reform; and the Chancellor must prepare for No Deal.
To reduce investment in infrastructure or R&D is to take away from the future – just as surely as running up unsustainable debt does.
One radical option would be a new DCLG housing fund that local authorities would be able to bid for, if they can show there is support for more homes in their area.
There is an opportunity to deliver a radical fix to our housing market, and change many lives for the better.
It’s a mistake to shun the issue either because of Labour’s historic advantage or the controversy around Vote Leave’s spending message.
The youth vote is not one homogenous lump: more than half of school leavers won’t go to university, and won’t benefit from more generous student loan terms.