I don't see how this budget is going to grow the economy. At this stage it seems to have focused most of the tax rises on SMEs as feared. These companies already pay a far greater proportion of their profits as tax than the big corporations and typically have the smallest margins and the highest % of overheads and red tape. Many pay the higher marginal corporation tax rate of 26.5%? !
The large multinational companies pay no UK corporation tax with many having HQs in the ROI and Luxemboug in the EU alone. Many dont even pay UK VAT with electronic transactions going through Luxembourg.
That's not just the likes of Amazon and Starbucks but effectively all of the FTSE100. She has let them get off scot free again.
Really dissapointing from a Labour Chancellor. But that's what you get when you have influence and the ear of politicians of all sides it would seem. Nothing changes.