Expect a short-sighted Spring Budget in March

Anyone expecting a series of announcements that will benefit the long-term future of the country as a whole is very mistaken.

This statement will contain nothing but giveaways designed to try to buy votes back ahead of the next election.

These statements should be an opportunity for the Government to lay out how it plans to drive growth and investment into the country instead it’s going to be full of tax giveaways such as changes to inheritance tax which impacts the smallest number of people who can afford to pay it anyway.

We need incentives to encourage green development opportunities in rural areas for a rapid expansion of affordable homes to help sustain these communities for the long term.

This needs to be backed by investment in infrastructure such as better transport links and enhanced digital communication as well as incentives for local businesses to invest in their areas creating jobs and opportunities that will stop our rural areas from becoming ghost towns.

Rohit Kohli is operations director at The Mortgage Stop

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