From Morningstar:

Chancellor is set to deliver Budget this week. Shift towards political leaks prior to Budget statements noted. High tax burden in UK due to pandemic spending and fiscal drag. Limited fiscal headroom for Chancellor to cut taxes. Possible 1p cut to National Insurance Contributions expected. Great British ISA policy could encourage investment in UK equities. Critics fear risks of increasing investor home bias. Sector and style risks of tilting portfolio to the UK highlighted.



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