Mid-atlantic - Conversations About Us, Uk And World Politics

The 2024 Spring Budget with Raj Kandola: Insights and Implications

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Sinopsis

In this episode of Mid Atlantic, we welcome Raj Kandola, Director of External Affairs at the Greater Birmingham Chambers of Commerce, to dissect the 2024 Spring Budget announced by UK Chancellor Jeremy Hunt. As the nation moves closer to the next general election, this budget has garnered attention for its strategic tax adjustments, investment allocations, and potential impacts on the economic landscape. Raj provides an expert analysis of how these fiscal policies may or may not shape the UK's economic resilience, influence the business community, and affect regional growth and development.Show Notes:Introduction to the episode and guest Raj Kandola.Overview of key budget announcements: NI reductions, child benefit threshold increases, extension of the cost of living support fund, adjustments in alcohol duty and property taxes.Raj Kandola's perspective on the budget's focus on household tax cuts and missed opportunities for business growth.Examination of positive initiatives in the budget, such as AI investme