Chancellor delivers crowd-pleasing Budget

•    Chancellor’s Budget announcement addresses key concerns for the public such as NHS funding and investment in local housing stock , according to insight from reputation management consultancy Lansons
•    Almost half (47%) saw NHS funding as a key concern in today’s Budget – which the Chancellor acknowledged was the ‘number one priority for the British people’ while teasing 10-year health service plan
 
The Chancellor’s Budget may have answered some key concerns of UK public, according to polling conducted by reputation management consultancy Lansons1. This follows much public scepticism about the Government’s ability to deliver a budget that equally balanced the need for spending and taxation, with only 26% of UK adults believing the Government would so in today’s announcement.
 
A third of Brits (34%) would like to see an increase in investment in public services, even if it meant an increase in taxation and borrowing. The Chancellor has acknowledged that ‘the era of austerity has finally coming to an end’, promising large-scale investment for the NHS, bonuses for schools and investment in the UK’s housing stock.  This view is supported by the public, with almost half of UK adults (47%) citing NHS funding as a priority – followed by Brexit (18%) and housing (9%).
 
The specific measures Brits most wanted to see included or addressed in the Budget are as follows:
•    Further increase to NHS funding – 57%
•    Introduction of higher stamp duty for foreign home buyers – 30%
•    Continuation of the freeze on fuel duty – 27%
•    Preparations for Brexit by making it easier for businesses to invest and save funds – 25%
•    Allow local councils to borrow more money to build more homes – 19%
•    End to the restraints on public spending - 18 %
Michael Stott, Head of Public Affairs at Lansons, comments: “The Chancellor has promised a ‘new chapter’ in public spending as part of this Budget, echoing the Prime Minister’s claims that austerity is over. This is despite the inevitable caveats that come with the current state of Brexit uncertainty. Our insight shows that this should be popular among the general public who want to see greater investment in public services, like the NHS. However, despite the positivity of today’s announcement the true measure of the UK’s financial future is likely to be next year’s Spending Review, especially as it follows the Chancellor’s hoped-for ‘Double Dividend’ .”  

 

Bookmark and Share
All content ©2010 The Business (Dorset) Ltd www.bizmag.co.uk
Website designed and managed by WhitesandsPR www.whitesandspr.com