UK Pre-Election Budget – More Political Than Economic?

The 2010 budget has been met with minimal reaction and is very much regarded as a pre-election buffer budget designed not to rock the boat and consequently lose votes. The last budget before the general election has come and gone – a budget, which it must be said, has generally left businesses with more questions than answers.

UK Pre-Election Budget – More Political Than Economic?

The overarching aim seems to be to increase borrowing, provide small businesses the best possible platform to maintain business and reduce anti-social behaviour through alcohol/tobacco tax increases.

Unsurprisingly, the budget – as they tend to be just prior to an election – contained a great deal of political rhetoric and not a great deal of financial detail.

As a result, businesses are left wondering how exactly the government – should it be re-elected – will tackle the UK’s massive deficit. Businesses are left wanting greater clarity on what public sector spending cuts are to come.

A strong indication of stability was required from the budget, so businesses can make decisions without worrying whether the rules are going to change. Businesses would also have been looking for signs of fiscal competitiveness for the UK.

Industry commentator Alex Miller shares his views on how this budget will affect your UK businesses.

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Free Financial Education Podcasts For Military

April is Financial Literacy Month, but for more than a decade Pioneer Services has celebrated financial education every month, creating more than three dozen articles, two books, and in-office materials designed to help military families take control of their finances. These efforts have been recognized in recent years with four awards from industry and educational groups.

The company’s library of materials just got even better with the addition of the Pioneer Educational Podcast series’ “Financial PEP Talk,” released this Financial Literacy Month in order to give service members yet another way to access financial education. The podcasts, which last just six to 10 minutes, are available on the company’s website at www.PioneerServices.com/podcast, where users can listen or download an MP3 file. By the end of April, there will also be an iTunes feed to which users can subscribe and listen to at their convenience.

“These podcasts give us another way to share the financial knowledge we’ve gained from more than 77 years in the industry,” said Chief Marketing Officer Karen Von Der Bruegge . “Military families can now choose how they want to learn money management: reading an article or book, visiting our offices for one-on-one consultations, and now, listening online or on an MP3 player. Whatever their preference, we have an option.”

The first three episodes cover setting financial goals, developing a spending and savings plan, and the changes consumers will see due to the recently-implemented Credit CARD Act. A new Financial PEP Talk episode will be released regularly, with future topics to include how to prioritize debts, creating an emergency savings account, how to choose a bank, tips for online borrowing, and many more.

To listen to the Financial PEP Talk, visit PioneerServices.com/podcast.

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