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Treasury responds to Starmer's 'painful' budget forecast

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The Isle of Man is likely to continue facing difficult decisions for at least the next couple of years, according to the treasury minister.

Earlier this week, UK Prime Minister Sir Keir Starmer warned of a 'painful' autumn budget but pledged not to increase taxes on working people, such as VAT and National Insurance.

However, Dr Alex Allinson notes that due to the Customs and Excise Agreement with the UK, fiscal decisions made in Westminster can still directly impact the Island.

  continue reading

400 episode

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iconBagikan
 
Manage episode 437106241 series 3416651
Konten disediakan oleh Radio Manx Ltd. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Radio Manx Ltd atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

The Isle of Man is likely to continue facing difficult decisions for at least the next couple of years, according to the treasury minister.

Earlier this week, UK Prime Minister Sir Keir Starmer warned of a 'painful' autumn budget but pledged not to increase taxes on working people, such as VAT and National Insurance.

However, Dr Alex Allinson notes that due to the Customs and Excise Agreement with the UK, fiscal decisions made in Westminster can still directly impact the Island.

  continue reading

400 episode

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