Chancellor George Osborne's budget yesterday seems genius, especially in the context of the tax regimes around the world. The drop to 45 percent for wealth creators means more jobs will be retained and created in the U.K., something always to be welcomed.
On the issue of Credit Easing, the £325 Billion already in the system is ample to rejuvenate the economy. Only, the money has to be lent out to people, especially the smaller businesses. Once companies are not starved of cash-flow and working capital, the enterprising British entrepreneurs will be able to capitalise on their talents and create jobs and wealth. It is a sure-fire winning formula, it must be used.