Hot, cross but entertaining economics - This is Money Show

Mar 24, 2016, 06:55 PM

This week might go down as the one Chancellor George Osborne got found out.

It’s not the first time one of his Budgets turned into a fiasco, but this time his U-turn – on slashing payments to disabled people - is going to cost £4bn.

When Parliament convened to discuss how on earth this was going to be paid for, he didn’t show up.

And we’re still without an explanation.

We pay our taxes to enjoy a better life in a civilised society – not to allow politicians to play games of political manoeuvring. George forgot that. Taxes should be simple. George forgot that.

There were other unfunded tax giveaways in the 2016 Budget all of which appear to rely on tax receipts from a booming economy.

But our economy isn’t booming. The latest round of economic data shows that.

Growth forecasts are down, Government borrowing is soaring, homes are unaffordable.

Luckily This is Money editor Simon Lambert, product and knowledge editor Laura Whitcombe and Share Radio’s money wizard Georgie Frost are on hand to explain the economics in an entertaining way.

Also on the show…

Capital gains tax just got more complicated.

The ‘living’ wage – more complicated

And finally…

Do not miss the craziest item on financial radio: the famous Easter taste test.

Live on air we try to work out which own-brand supermarket hot cross buns and Easter eggs are worth a piece of your disposable income.

Will Tesco triumph and Waitrose end up in the bin again?

Not a lot of people do this.