Qualified advisers answering your
Financial Questions
call 0800 092 1245

Has the Tory budget plan gone far enough?

Despite the fact that George Osborne is contemplating public sector cuts the likes of which have not been seen for over 30 years, there are still many people who believe he needs to go further. The official opposition party has also suggested a "budget watchdog" which would monitor the state of the UK budget and how much the UK government is borrowing. But does this watchdog have teeth?

While the introduction of a budget watchdog, which would be totally independent of the government, is most certainly a step in right direction, there is a feeling that the watchdog needs to become more involved and actually dictate how much the UK government can borrow in five-year cycles. This would effectively ensure that the government of the day is accountable to a third party that has no political interest and no political axe to grind.

If the Conservative party do gain power at the next general election it will be interesting to see how many new policies and how many new strategies are actually introduced. Talk is cheap, as the UK government has shown, and actions speak very much louder than words. Will David Cameron be able to follow his big promises with big changes?

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details