What a non-budget

I have just been watching the "budget" speech by the Chancellor. I don't think I have ever seen a budget speech so short on economic measures and so long on political point scoring.

The centrepiece of the budget was the elimination of stamp duty for first time buyers on houses of value up to £250,000 which, as David Cameron pointed out has been Conservative policy for three years, and was attacked by Labour when we first proposed it. As DC said,

"He came in as Chancellor copying our inheritance tax cuts and he leaves as chancellor copying our stamp duty cuts."

Comments

Tim said…
Trouble is, if George Osborne had just been on his feet for an hour as Chancellor, you would not have noticed the difference.
Anonymous said…
Just what we need anoother housing bubble.

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