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Ignitionnet · 08-07-2015, 11:47

I am profoundly relieved that they are slowing the pace of deficit reduction. It was unnecessarily fast and I imagine they realised this.

Should ease pain considerably not having hugely front-loaded austerity.

No year seeing cuts as deep as those in 2011-12 and 2012-13.

EDIT: Excellent move regarding non-dom status. Fair and appropriate.

Bank levy changes also spot on.

More regional devolution - excellent.

Removal of higher rate relief on buy-to-let interest payments. That's a bit of a surprise.

08-07-2015, 11:47	#8
Ignitionnet Inactive Join Date: Jun 2008 Location: Leeds, West Yorkshire Age: 47 Posts: 13,995	Re: (Emergency) Budget 2015 I am profoundly relieved that they are slowing the pace of deficit reduction. It was unnecessarily fast and I imagine they realised this. Should ease pain considerably not having hugely front-loaded austerity. No year seeing cuts as deep as those in 2011-12 and 2012-13. EDIT: Excellent move regarding non-dom status. Fair and appropriate. Bank levy changes also spot on. More regional devolution - excellent. Removal of higher rate relief on buy-to-let interest payments. That's a bit of a surprise.