{"id":4635,"date":"2022-10-01T02:42:00","date_gmt":"2022-10-01T02:42:00","guid":{"rendered":"https:\/\/www.asadkarim.co.uk\/?p=4635"},"modified":"2022-09-29T14:49:33","modified_gmt":"2022-09-29T14:49:33","slug":"the-impact-of-trussonomics","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=4635","title":{"rendered":"The impact of Trussonomics"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/09\/Budget2022.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/09\/Budget2022-1024x576.png\" alt=\"\" class=\"wp-image-4636\" srcset=\"https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/09\/Budget2022-1024x576.png 1024w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/09\/Budget2022-300x169.png 300w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/09\/Budget2022-768x432.png 768w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/09\/Budget2022-624x351.png 624w, https:\/\/www.asadkarim.co.uk\/wp-content\/uploads\/2022\/09\/Budget2022.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption>Courtesy of The Resolution Foundation<\/figcaption><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.resolutionfoundation.org\/app\/uploads\/2022\/09\/What-next-presentation-for-publications-page.pdf\">PowerPoint Presentation (resolutionfoundation.org)<\/a><\/p>\n\n\n\n<p>The last few days have seen a radical reshaping of the Government\u2019s economic policy and a radical reaction from financial markets. HM Government is will to ramp up borrowing, and reducing its tax revenues (by lowering income tax) in their plan (hope) for economic growth. However surging borrowing costs for Government was surely never part of the plan.<\/p>\n\n\n\n<p>In the presentation link above from the very well respected Resolution Foundation they explore what this means for the UK economy going forwards. You can also can watch the YouTube video below with key input from Stephanie Flanders, Senior Executive Editor at Bloomberg and Head of Bloomberg Economics and Robert Colvile, Director of the Centre for Policy Studies<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"What next? The impact of Trussonomics, tax cuts and market turmoil\" width=\"625\" height=\"352\" src=\"https:\/\/www.youtube.com\/embed\/5QV40mtQnXc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>PowerPoint Presentation (resolutionfoundation.org) The last few days have seen a radical reshaping of the Government\u2019s economic policy and a radical reaction from financial markets. HM Government is will to ramp up borrowing, and reducing its tax revenues (by lowering income tax) in their plan (hope) for economic growth. However surging borrowing costs for Government was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4635","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/4635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4635"}],"version-history":[{"count":2,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/4635\/revisions"}],"predecessor-version":[{"id":4638,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/4635\/revisions\/4638"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}