Constantin Gurdgiev: 2 key budget promises watered down by Finance Bill

Meanwhile, the worst specimen of the family will probably escape largely unscathed

21st October, 2016
Constantin Gurdgiev: 2 key budget promises watered down by Finance Bill
Diluted? Pic:

From the pure PR perspective, Budget Day announcements are designed to excite core political constituencies. finance bills, to the contrary, serve the opposite purpose: the minor adjustments to the big ticket measures announced in the Budget, published in the Finance Bill are designed to add specificity or validity to the Budgetary process.

In a way, therefore, the Finance Bills serve as a behavioural anchor upon which the Government establishes public confidence in the budget measures.


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