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Cuts to some disability benefits will only hit future claimants, not those already on it.
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News and Media
Anand Radhakrishnan of Sundaram Mutual Fund suggests that rate cuts are poised to stimulate both listed and unlisted companies by enhancing liquidity and credit access. Consumption is expected to rise, fueled by tax relief, lower interest rates, and potential wage growth. The US may moderate tariffs to pave the way for rate cuts, potentially boosting economic growth.
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News and Media
The changes could cost up to 3bn which will have to come from higher taxes or cuts elsewhere, given the chancellor's self-imposed borrowing rules.
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News and Media
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