The Budget Explained

Former Treasury worker, now Evening Standard journalist, Jack Kessler joins the podcast to reveal the thinking behind some of Rishi Sunak's big announcements. He tells us why income and corporation tax hikes are coming, and why they're being delayed. He also explains why successive budgets have seen freezes on fuel duty, including this one.  Rishi Sunak's moment in the Commons came just a few months after Britain left the EU, but the word "Brexit" didn't appear at all in his speech. Jack says that's because announcements like the 'super deduction' business tax cut would be dwarfed by what's been lost through leaving the world's biggest trading bloc without a deal covering services. Hosted on Acast. See acast.com/privacy for more information.