The Budget delay: Curtains or a window of opportunity?

Simon Gorbutt, director - regional head of wealth structuring solutions, Lombard International Assurance, 16/11/2020

The coronavirus crisis has seen UK government borrowing reach a record high, with the highest debt to GDP ratio since 1960. At some point, the government will need to balance the books as Britain looks to the future.

There has been considerable conversation around increasing taxes or new taxes and recent activity strongly suggests this is on the government’s radar. The all-important Autumn Budget has been postponed.

As recently announced, there wil...

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