Wednesday, November 25, 2020

UK Spending Plans - Economic Health of the UK


Lets Get Real:

Chancellor Rishi Sunak must freeze the wages in the public sector, even the NHS, the Government will have to lift taxes, for example VAT, that everyone pays, cut welfare, cut the monies spent by the Government Departments and that is just the START.  The Furlough does not end in till March, the vaccine for COVID - 19 will take time to get out.  In that period one will see an increase of those made unemployed, thus an increase in welfare.  The UK will go through a TOUGH period, the Government debt due to COVID - 19 will take years to pay back.   There should be no increase in taxes, that does not help, it just makes Jeremy Corbyn happy and the loopy left.  Then we come to Brexit, a recent review predicted a 80% chance of a DEAL, we shall see.  Fraught time ahead for the UK

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