When I heard the Fiscal-Event-Mini-Budget announcements (which were, I thought, just that, and no longer just ‘goals’), I worked out that both I and our business would be quite a bit better off. So I took Liz and Kwasi at face value and decided to employ someone, to go for ‘growth, growth, growth’. Yes, I know many businesses and doing-OK-for-themselves individuals planned to trouser the difference, thank you very much; but there must be more than a few others who believed what they heard and did what they thought was the right thing. Several U-turns and a Chancellor later, it seems I’ll actually be worse off. I’m not changing my plans, but I bet some of those others will. So that, in a nutshell, is why ‘businesses and markets are crying out for certainty’. At least for more than a fortnight.
“Why people over the age of 55 are the new problem generation”
I suspect that many a ‘boomer’ might be pleased with the ‘problem generation’ label. When they were teen- or twenty-somethings, their parents’ generation may well have either despaired of them or worried about the world into which they were emerging as adults; it will ever be thus.