The mini budget hands the very richest people in society tax cuts equating to more than many considered key workers during the pandemic earn in a year. Meanwhile, banker bonus caps introduced following reckless financier activity will be removed. There is no ethical or moral basis for either move.
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This is not an 'all in it together' mini budget and notably was termed a mini budget to avoid independent review by the Office for Budget Responsibility (OBR). Both of the above highlighted moves are perverse with financial commentators and market reaction casting doubt on the budget's overall efficacy and long-term impact. It needs to be scrapped, these measures need to be removed and any replacement package should be reviewed thoroughly by the OBR to ensure soundness and fairness for all.