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Wednesday 8 July 2015

The UK budget and FTSE 100 - up 0.91%

The UK budget seems to have been generally liked even though it is quite hard if you were heavily dependent on benefits. The FTSE 100 ended the day up 0.91% on the day. I think it will take several days before people properly understand the full implications of the budget. There are quite a few hidden tax rises as well as some tax changes which reduce income tax for some.

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