CITY VIEWS: WHAT ARE YOU EXPECTING FROM THE BUDGET TODAY?
DAVID TROWBRIDGE | LIQUID CAPITAL
“The Budget will be predictable. I’m expecting no surprises, no headlines will be made of it. It is, after all, two months until the general election.”
ANDREW TARRY | NYRAS CAPITAL
“Alistair Darling will be safe and predictable so that Labour will be re-elected. I don’t expect the market to react at all to what he has to say.”
ANDY CULLEN | SEC FINEX
“I’ve given up worrying! Our man in Number 11 will look for election votes, giving the public sector the votes without a doubt. He needs to cut public spending and I can’t see him kicking back civil servants.”
PAUL HAYWARD | FINANCIAL SERVICES CONSULTANT
“It will be very safe, but the government needs to find the money somewhere. I doubt it will be through the tax route, more likely it will be VAT possibly, or through a curtailment of allowances.”