Butcher or Surgeon–and how much collateral damage? Justin's latest commentary

Justin is one of the most recognisable and trusted market commentators on television, radio, and in the press.

Originally trained as a lawyer, he has observed the retail market industry for 20 years whilst at Barclay's Stockbrokers and developed a unique understanding of the market’s roles and benefits for the private investor.

Each week we will bring you Justin's latest thoughts and commentary.

For a taster of this week's article please continue to read...

Butcher or Surgeon - and how much collateral damage?

It’s obviously still too early to say whether Osborne’s budget has been a success or not, and sadly of course we will never know until its effects are well under way. As certain highly respected commentators have mentioned, cutting too deep into the economic body could injure some vital organs and cause further unintended damage, but too little and firm confidence in the control of the economy will ebb away. However, whatever your view, politically he really had no choice but to get as much of the dire news out of the way as swiftly as possible, even if the effects are for most still illusory. Be assured that 25% cuts in departmental budgets will be very significant and quite considerable job losses are inevitable, not just within the state sector itself but also in those closely related private sector areas as well. This will stretch from the local newspaper and sweetie shop through to the ubiquitous consultants that seem to pepper our civil service. This will be our economic collateral damage...

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