Economics

Autumn budget concerns


Julian Jessop quoted in the Express

IEA Economics Fellow, Julian Jessop, was quoted in the Express discussing the upcoming Autumn budget.

“Employers are demanding Chancellor Rachel Reeves stop talking Britain down as they warned her gloomy message about the state of the economy was costing jobs…

“Julian Jessop, Economics Fellow at the free market think tank, the Institute of Economic Affairs, said: “Worries about the tax burden and the Government’s other plans on everything from energy policy to employment rights are dampening business and consumer confidence and delaying investment and recruitment. The prospect of another surge in government borrowing is now starting to spook Investors in the bond market too.

“The Chancellor will therefore still have to tread very carefully to ensure that the Budget does not derail the recovery.”

You can read the full article here.


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