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VIDEO · 15 MARCH 2024

A View On The Spring Budget 2024 (Video)

Alvarez & Marsal
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See the latest commentary from our team of tax experts on the UK Spring Budget 2024 below...

United StatesTax
Marvin Rust
Marvin Rust
Victoria Price
Victoria Price
Louise Jenkins
Louise Jenkins

See the latest commentary from our team of tax experts on the UK Spring Budget 2024 below:

Marvin Rust on inflation forecasts: "Forecasts from the OBR show inflation as now falling below the MPC's target rate of 2% for each of the next 3 years. This implies that the MPC will be under more pressure, particularly as it is now mathematically almost certain that inflation falls to 2% in the second quarter of this year, to reduce interest rates to benefit individual borrowers, businesses and indeed the government, as gilt interest will also decline. In fact, REITs stocks have already risen today as analysts digest this news. For savers, however, interest rates might drop faster than anticipated. If this occurs quickly, we might see tax reductions announced in an Autumn Forecast, potentially ahead of a late-year General Election. This remains something to keep an eye on."

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