Amidst the gloom of Britons, affected by the loss of purchasing power, the shortage of basic goods and the disappearance of state aid to alleviate the COVID crisis, the government of Boris Johnson used the first post budget -pandemic to sell a new era of optimism in the UK. The draft expenditure review for the next three years, presented on Wednesday by the Chancellor of the Chess board, Rishi Sunak, in the Commons, understands the biggest increase in public spending this century, according to the minister, as well as a package of measures intended to mitigate the increase in the cost of living.
In a complex balancing act, the chief financial officer nevertheless stressed the need to respect budgetary discipline, which gave wings to the Labor opposition to denounce that what is given on one side will end up being cut off the other.
The truth is, in his pulse with Johnson’s glee at promising big investments (much to the dismay of the most conservative wing of the tories), Sunak has unexpected leeway: the latest official forecasts increase the growth rate of the economy for this year from 4% to 6.5%, and put it at 6% by 2022. These data have allowed Sunak to announce more calmly an increase of 150,000 million pounds (about 177,000 million euros) in the spending of all ministries.
The undisputed star of this receipt of public money is the NHS public health system, which added £ 5.9 billion to the 12,000 already committed in September, in line with the campaign pledge to regenerate the system. Brexit. Injecting various transport improvement projects in the north of England is also part of the Prime Minister’s so-called leveling program to correct regional inequalities, a guide for voters of the Red Wall, a stronghold Labor that Johnson succeeded in conquering in the United States, past elections (and already before, in the referendum on leaving the EU).
The Labor opposition which had Rachel Reeves as spokesperson in Parliament facing the loss of its leader to COVID, Keir Starmer denounces the populism of measures like the end of the public sector wage freeze (without specifying in what percentage ). they will increase) or the increase in the minimum wage (from 8.1 to 9.5 pounds an hour) which he says are insufficient and will not compensate for the rise in inflation. Or that the reduction in excise duties on alcoholic beverages, restaurants and the retail trade are giveaways to hide a more generalized tax burden. This comes after the announcement in September of the increase in social contributions and corporate tax.
join EL PAS now to follow all the news and read without limits
Once the public investment was started for the rest of the legislature, the challenge posed by covid and, above all, inflationary pressure was the argument used by Sunak to keep a reserve of liquidity to protect itself from future economic risks. The forecast of an inflation of 4% for next year (it now exceeds 3%) and the very high level of debt fueled by public aid at the peak of the pandemic require caution, underlined a Minister of Foreign Affairs who now promises strict spending control.
Some British analysts argue that this is a message to the Conservatives who want to lower taxes before the elections in three years. Sunak’s juggling responds to its leader Johnson’s obsession with covering all fronts, no matter how contradictory they are. He sees it as the key to repeat electoral victory.
The mention sources can contact us to remove/changing this article
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]