Dismay

Labour came to power in July. The Chancellor finally revealed her budget this week and it has been met with dismay. They will be imposing inheritance tax on farmland with a value of over £1million, and raising the NI contributions. The money will be spent on public services, but there is no plan to grow the economy. Indeed, they seem to be doing their best to destroy businesses. The markets are worried, borrowing costs are already increasing. A mood of pessimism has settled over the country. The Government is made up of people with no experience of business or farming, with little or no aptitude for the challenges that face the country. This could be a rocky few years.

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