What ever happened to the content of the Budget being a closely guarded secret?
There are sound reasons for this. Nothing in the budget is official until it is announced and by its nature the content can have dramatic effects of things like share prices, commodities etc. Getting early sight of some or all of the budget's content could give a company or individual a financial advantage.
Also the budget is a complete system, one proposal needs to be paid for with another, there is always some good news for some and some bad news for others. Selectively releasing the good bits is fundamentally dishonest.
But it seems that the desire to for this government to eek out whatever good headlines that they can from this budget overrides any of the long held reasons for secrecy.
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2 comments:
Incompetent and dishonest in everything they do. Who is surprised any more ?
Not to mention the Pre Budget Report which is part spin and part fishing expedition. Before that you have the Pre-Pre-Budget Report Spin.
I too remember when Chancellors of The Exchequer were very responsible and guarded in what they said, at any time.
In itself, that method was quite good spin because it made them appear slightly apolitical. That was fascinating because the budget was the centre of politics around which everything else revolved.
Now the budget speech has been devalued as eveything else in politics has been devalued.
John Redwood:
Parliament will be the last to hear the budget You've had the budget already
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