UK Fiscal Budget: main political, social and market implications

The UK fiscal budget main political implications: The budget is designed to improve public finances, regain market trust, and help the Conservative government regain some ground ahead of the next election.

However, ultimately, investor confidence in the UK has been shaken because of the volatile political environment that has persisted since the Brexit referendum and that has accelerated in recent months. That will be much more difficult to achieve for PM Sunak and his Chancellor, given the deep divisions that run through the Conservative party. Growing voter dissatisfaction and party infighting through 2023 is likely to lead to early elections, meaning political uncertainty will remain at the heart of investor concerns for some time.

You can now read the full whitepaper at the link below