https://www.smf.co.uk/ | Also on LinkedIn and X (@SMFthinktank)
John Asthana Gibson welcomed moves for Brits to invest more - but argued moves in #Budget2025 to cut the ISA cash limit was the wrong way to do so.
John Asthana Gibson welcomed moves for Brits to invest more - but argued moves in #Budget2025 to cut the ISA cash limit was the wrong way to do so.
#Budget2025 was a chance to tackle some of the key obstacles that hold back investment by SMEs.
Richard Hyde argues that Gov't could have introduced a number of measures to help overcome these challenges.
#Budget2025 was a chance to tackle some of the key obstacles that hold back investment by SMEs.
Richard Hyde argues that Gov't could have introduced a number of measures to help overcome these challenges.
@gideonsalutin.bsky.social highlighted that #Budget2025 could, at worst, collapse the UK's EV market, depending on the rollout of the pay-per-mile tax on those vehicles.
@gideonsalutin.bsky.social highlighted that #Budget2025 could, at worst, collapse the UK's EV market, depending on the rollout of the pay-per-mile tax on those vehicles.
Niamh O Regan highlighted that #Budget2025 risks squeezing the funding for the Warm Homes Plan, as the Gov't announced it was cutting the Energy Company Obligation.
Niamh O Regan highlighted that #Budget2025 risks squeezing the funding for the Warm Homes Plan, as the Gov't announced it was cutting the Energy Company Obligation.
Today the Chancellor has largely, as expected, looked to raise funds through incremental changes rather than bolder reforms.
A few notable points....
Today the Chancellor has largely, as expected, looked to raise funds through incremental changes rather than bolder reforms.
A few notable points....
@danihpayne.bsky.social noted that whilst expanding maintenance grants to the lowest income students is welcome, #Budget2025 leaves unanswered questions.
@danihpayne.bsky.social noted that whilst expanding maintenance grants to the lowest income students is welcome, #Budget2025 leaves unanswered questions.
As @beckymontacute.bsky.social notes though, considerable challenges remain for Gov't.
As @beckymontacute.bsky.social notes though, considerable challenges remain for Gov't.
Whilst there has been recent progress on strengthening AI, @sam-rob.bsky.social noted #Budget2025 needed to do more to make sure the tech's benefits are more widespread.
Whilst there has been recent progress on strengthening AI, @sam-rob.bsky.social noted #Budget2025 needed to do more to make sure the tech's benefits are more widespread.
The Chancellor has put a new tax onto properties worth more than £2 million, but as @jamiegollings.bsky.socialsays, this is a market-distorting fiddle to the creaking council tax system, rather than the bold reform it needs.
The Chancellor has put a new tax onto properties worth more than £2 million, but as @jamiegollings.bsky.socialsays, this is a market-distorting fiddle to the creaking council tax system, rather than the bold reform it needs.
As @theobertram.bsky.social outlines, there seems to have been a shift away from the 'decade of renewal'.
As @theobertram.bsky.social outlines, there seems to have been a shift away from the 'decade of renewal'.
We are pleased the government has listened to our case that the more harmful and addictive products should be taxed more highly.
We are pleased the government has listened to our case that the more harmful and addictive products should be taxed more highly.
www.ft.com/content/18d1...
www.ft.com/content/18d1...
Some of what we'll be looking out for from the Chancellor later today:
🎰 GAMBLING: Maybe the only policy popular with the public, Labour MPs and the bond markets is to raise taxes on online gambling (as suggested by @smfthinktank.bsky.social)...
Some of what we'll be looking out for from the Chancellor later today:
🎰 GAMBLING: Maybe the only policy popular with the public, Labour MPs and the bond markets is to raise taxes on online gambling (as suggested by @smfthinktank.bsky.social)...
We think there's ways she can raise revenue without raising Income Tax - whilst beggining to deliver the change voters want.
Read our full pre-Budget briefing:
buff.ly/wZb1S7a
We think there's ways she can raise revenue without raising Income Tax - whilst beggining to deliver the change voters want.
Read our full pre-Budget briefing:
buff.ly/wZb1S7a
But at a time of financial pressure, the Chancellor could replace it with a double lock in #Budget2025 - saving £2.6bn over the next five years, whilst protecting pensioners.
Read our pre-Budget briefing:
But at a time of financial pressure, the Chancellor could replace it with a double lock in #Budget2025 - saving £2.6bn over the next five years, whilst protecting pensioners.
Read our pre-Budget briefing:
Read our thoughts on how the Gov't could end the freeze and make sure EV takeup is incentivised: buff.ly/VW6WUbF
Read our thoughts on how the Gov't could end the freeze and make sure EV takeup is incentivised: buff.ly/VW6WUbF
In #Budget2025, the Chancellor could take action to tackle homelessness with a new Housing First scheme - that in the long run, would save taxpayers money.
Read how to radically reduce rough sleeping:
In #Budget2025, the Chancellor could take action to tackle homelessness with a new Housing First scheme - that in the long run, would save taxpayers money.
Read how to radically reduce rough sleeping:
In #Budget2025, the Chancellor could take concrete action to tackle homelessness with a new Housing First scheme - that in the long run, would save taxpayers money.
Read our report on how to radically reduce rough sleeping:
In #Budget2025, the Chancellor could take concrete action to tackle homelessness with a new Housing First scheme - that in the long run, would save taxpayers money.
Read our report on how to radically reduce rough sleeping:
Read our report on how to get Britain investing:
Read our report on how to get Britain investing:
That's why we're calling on the Chancellor to raise Remote Gambling Duty.
Read our latest report: buff.ly/OgxV7DJ
buff.ly/yJFDqJv
That's why we're calling on the Chancellor to raise Remote Gambling Duty.
Read our latest report: buff.ly/OgxV7DJ
buff.ly/yJFDqJv
Questions persist in Whitehall around fuel duty, how to make sure EV takeup continues and making sure Gov't has the revenue to improve public transport and air quality.
@gideonsalutin.bsky.social investigates in his latest blog:
buff.ly/VW6WUbF
Questions persist in Whitehall around fuel duty, how to make sure EV takeup continues and making sure Gov't has the revenue to improve public transport and air quality.
@gideonsalutin.bsky.social investigates in his latest blog:
buff.ly/VW6WUbF
Can she be fiscally prudent whilst signalling Labour can offer change?
Read the SMFs pre-Budget briefing:
buff.ly/wZb1S7a
Can she be fiscally prudent whilst signalling Labour can offer change?
Read the SMFs pre-Budget briefing:
buff.ly/wZb1S7a
But can she raise revenue without increasing income tax?
Read the SMF's pre-Budget briefing:
buff.ly/wZb1S7a
But can she raise revenue without increasing income tax?
Read the SMF's pre-Budget briefing:
buff.ly/wZb1S7a
But what should she do to balance the books, and also signal that Labour is ready to deliver change?
Read our proposals for next week's Budget👇
buff.ly/wZb1S7a
But what should she do to balance the books, and also signal that Labour is ready to deliver change?
Read our proposals for next week's Budget👇
buff.ly/wZb1S7a