Was it a brave and bold Budget? Not sure, but it could have been a lot worse
The Daily Express view on the Budget Was it a brave and bold Budget? Not sure, but it could have been a lot worse
Express says The Chancellor had two tasks in mind when stood up to deliver his first proper Budget, getting inflation down and growth up, says Ed Monk, Associate Director at Personal Investing, Fidelity International. The good news on inflation is that households should look forward to price rises running below 3 percent by the end of the year, down from more than 10 percent today
It will mean the Government has delivered on its promise to halve inflation in 2023, and in handsome fashion.
In truth, that pledge was not as courageous as it first seemed. The rapid rises in costs we saw last year will fall out of year-on-year comparisons in the coming months. That alone will pull the inflation rate lower.