We won't be coming back with more borrowing or taxes - Chancellor

The video discusses the importance of making difficult decisions to stabilize the economy and secure public finances. It highlights the measures taken in the budget to ensure fiscal responsibility and economic growth, emphasizing the need for public services to operate within their means. The video also focuses on creating conditions that encourage business investment by providing stability and removing barriers to investment.

What was the primary reason for making difficult decisions according to the speaker?

• To expand public services

• To reduce taxes

• To stabilize the economy

• To increase public spending

What is one of the expected outcomes of the budget measures mentioned by the speaker?

• Increase in unemployment

• Rise in real household disposable incomes

• Decrease in employment levels

• Reduction in public services

According to the speaker, what is crucial for encouraging business investment?

• Reducing wages

• Providing stability

• Increasing taxes

• Limiting global talent

What is one barrier to investment that the speaker aims to address?

• Lengthy planning processes

• High interest rates

• Excessive government intervention

• Lack of local businesses

What does the speaker suggest is necessary to attract global talent?

• Reducing global trade

• Increasing local employment

• Focusing solely on domestic skills

• Being more open to international talent