Brewster's millions
Well-Known Member
- Joined
- 9 Apr 2012
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- 3,832
I think that’s highly likely.All the signs say they’re going to jack up tax on dividends, which will make me poorer.
To be honest I think there’s a not insignificant chance that the whole thing goes down like a lead balloon, with both the public and the markets, and that the government spends the next few months hinting at some measures being watered down or reversed entirely.
The cock-up with the freeport announcement - when they spent three days defending a policy which wasn’t actually included in the Budget - doesn’t exactly fill me with confidence that they’re fully on the ball.
It’s an expensive business though given what’s happening with gilt yields, and if they fail to assure regarding the chance to the fiscal framework then the pressure really will be on.