Unproductive spending and taxes on investment

In today’s issue:

• Who wins and loses from the budget?
• Demographic destiny dominates taxes and spending
• Will the budget make a difference for long?

The budget is in. But what does it really mean?

I asked our editorial team to give their take. And got three completely different answers…

Which one do you agree with?

It’s not unusual for our editorial team to disagree. Nor for Brits generally to have a completely different take on what’s in the budget. But it reveals something important about our future: a divergence in the fortune of different sectors of the economy. That’s something investors need to follow closely.

To find out what’s changing and how, watch this video:

Until next time,

Nick Hubble
Editor, Fortune & Freedom