UK Budget Analysis – November 2021

UK Budget Analysis – November 2021

As we have become accustomed to, the weekend before a Budget statement was awash with leaks and inside information. House of Commons Speaker Lindsay Hoyle reprimanded Members of Parliament (MPs) saying that in years gone by, MPs would ‘walk’ for this kind of activity. This was a reference to Hugh Dalton who, as Chancellor of the Exchequer in 1947, made a remark to a journalist as he entered the House about tax changes. Before Mr Dalton had finished his Budget speech, these changes were printed in early editions of the evening newspaper whilst the stock market was still open. Mr Dalton later resigned as Chancellor.

We will probably never know whether or not this year’s ‘leaks’ were actually true leaks of private information or good news publicity announcements ahead of the Budget and Spending Review…

Download our analysis of the November 2021 budget here – no registration required.

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