Anyone for milkshake?

I was going to write a scathing critique on Rachel reeves’s already stale budget, and in order to fortify me for such a dispiriting task I decided that a milkshake should prop me up. Except I was considering whether or not I needed to cash in part of my ISA, until it was Governmentally revealed to me I didn’t need to worry about building up my cash ISA, as it wasn’t going to be allowed…

So I headed out to the local supermarket to buy my sugar heavy, milk based product, only to find that William, the helpful student who was moonlighting at the supermarket to try and pay down his sizable student loan, (which he had complained incessantly to me about, as he actually had to sit on the stairway of the lecture theatre, so full were the classes now)… Anyway, today was William’s last day, as Michael the store owner couldn’t afford his 8.5% pay rise… Or the freezing of his NIC’s contributions..

Never mind Michael!! I’ll just import my milkshake from Belgium. “I wouldn’t if I were you,” said Michael… “Because customs clearance takes so long, the stock is past its best by the time it gets here!”

Sigh…

#no-growth #budget #taxthresholds #labourmarket #Chancellor

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Author: Damian Merciar

Damian Merciar is Managing Director of Merciar Business Consulting, http://www.merciar.com, a niche business economics consultancy founded in 1998. He has over twenty years experience in the areas of commercial Business Strategy. He is experienced in the transition environments of nationalized to private sector state utilities and the senior practice of commercial management, advisorial consultancy, and implementation. He has carried out policy advisory work for government ministries and been an adviser to institutional bodies proposing changes to government. He holds an MSc Economics from the University of Surrey’s leading Economics department and an MBA from the University of Kent. Also attending the leading University in the Middle East, studying International Relations and Language, for which he won a competitive international scholarship, and has a BA (Hons) in Economic History and Political Economy from the University of Portsmouth. He is currently based in London.

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