The Delayed Budget, The Stamp Duty Row And The Gilts Wobble – What Is Going On? This Is Money podcast

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The delayed Budget, the stamp duty row and the gilts wobble – what is going on?

3d ago 1:05:03

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It’s September, it’s back to work, back to school and back to mild chaos.
This week saw a delayed Budget announced, with a raft of speculation that will only mount over what bad news that could mean, Deputy Prime Minister Angela Rayner forced to quite after underpaying stamp duty to the tune of £40,000, and long-term UK borrowing costs hit the highest level in 27 years.
So, what on earth is going on? And aren’t we in the phase of the plan to get Britain’s economy back on track where things meant to be getting better not worse?
On this week’s podcast, Georgie Frost, Lee Boyce and Simon Lambert do their best to keep the politics out of it while discussing the Budget, the stamp duty row and the gilts wobble.
They explain what this all means for the UK’s national finances and our personal finances and look at whether things could really be about to improve.
Plus, should the biggest take away from the Angyouela Rayner stamp duty situation be that it’s a terrible tax that needs to be reformed so bills are slashed for all, as soon as possible?
And finally, if your pre-booked Uber fails to turn up, you miss a flight that the airline dragged forward by half a day, and end up paying £475 for new flights, should you be able to get someone other than you to foot the bill?

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