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24th October 2018
Wealth Manager

Budget 2018: 10 wealth managers' predictions

To me, the elephant in the room for this budget is public borrowing reaching its target of 2% of GDP two years early – the UK accounts are in pretty good shape.

This has come just at the point where uncertainty about our future in the EU has peaked. I would like to see the chancellor capitalise on the surplus to inject some much needed capital back into our public health sectors and armed forces.

Social housing, first-time home ownership and favourable business tax incentives should also be a talking point for the chancellor.

In short, the Treasury should take this opportunity to demonstrate to the rest of the world that life for UK citizens should be as good now as it has ever been, and, regardless of how we leave the EU, the UK will remain a great place to thrive as an individual or a business.

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