- Capital gains % increases that should lead to an increase gov't income of approx 2.5B pound
- Employers contribution to national insurance up from 13.8% to 15%
- Threshold where employers start to pay that dropping from 9K to 5K (as in, the employee has to reach that level of annual income before the insurance contribution applies...so it's similar to our EI/CPP employer contributions)
The usual suspects of course predict lower wages and higher prices because we know the hallowed shareholders couldn't possibly be expected to pay more. In reality, labour and pricing exists in a market driven by other larger forces. Especially for an island nation living next to the 2nd biggest economy on the planet.
That decrepit regime must be fragile. They had a couple of huge revolts in recent years, and I could see the lid blowing off soon. But the push back will be violent, it will get rough.
Gallant's replacement, Israel Katz, the current foreign minister, has no expertise or experience that would prepare him to be Defence Minister, that I am aware of.