Conservatives Swing Back to Power

Against all media predictions the Conservative party, largely at the expense of the Liberal Democrats have been returned to government.  Time will tell as to how useful their slim overall majority proves to be.

In terms of taxation it is likely George Osborne will announce a Mini Budget when, some believe, more pain will arrive now that the Conservatives have the votes in the bag.  Possible measures include a reduction in pension tax relief and increases in National Insurance.

We shall see! 

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