Did government budget leaks lead the public down the wrong path?
George Osborne has just delivered the coalition government's emergency budget which obviously contained massive public-sector spending cuts and tax increases but was on the whole not as aggressive as earlier leaks from 11 Downing St. had suggested. So did George Osborne leave the public expecting a worse budget than he actually delivered?
While there's no getting away from the fact that this is by far and away the most controversial and the most hard-hitting budget of recent times it does look as though the government had tried to inject a nightmare scenario into the UK press and then deliver a budget which was nowhere near as harsh as had been expected. So far the UK government has been very open with regards to government finances and the massive expenses within the public sector and this has continued with an array of new information released with the budget.
As expected, not one area of the UK population or one area of the UK business arena will escape the massive savings accounts and tax rises but ultimately at first glance it seems as though those at the higher end of the income spectrum are again set to take the greater burden.
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