To the us economy. Another sector expecting a boost aS Property, with Reports Majorfund managers in the uk are looking to buy the dip in us commercial property, anticipating a recovery. Ifjoining me now is Clayton Triick from Angel Oak Capital advisors. Are you surprised to hear Uk Investors are looking to jump into americas beleaguered commercial Property Market . We are not at commercial Property Market . Are not at all. We have seen recent reports and in the last 12 months it has been very good market be stepping into, us commercial properties. Its the kind dotted at the Monetary Policy has continued to be very tight and there has been a headwind for that sector. In the last 2a months that cut of 50 basiS Points could turn men into a tailwind looking forward so we are not surprised investors are looking to take advantage of that. You investors are looking to take advantage of that. Investors are looking to take advantage of that. You have got the Markets Advantage of that. You have
As we have mentioned, london today will witness the pomp and ceremony of the queens speech. Thats when the British Government sets out its legislative programme for the next session of parliament. Its expected to include big plans to splash taxpayers cash, after the chancellor sajid javid last month declared the end of austerity, or government belt tightening, despite the brexit crisis. In fact, mrjavid promised the biggest increase in uk public spending in more than 15 years, as he outlined a £13. 8 billion pound package or this much in dollars. The trouble is, over recent years, taxpayers money hasnt been enough to cover expenditure, especially after the financial crisis. Total uk Government Debt is almost 2. 3 trillion, equivalent to more than 85 of the countrys total output. But the uk is not alone in taking such steps. Frances budget deficit didnt stop the government there promising 11 billion of tax cuts last month in its 2020 budget to boost investment and consumer confidence,
Taxes. The obr is likely to lower the estimate of how much room he has, and that is probably an over estimate anyway. So he has very little space. He could opt for different things. It looks like hes going to concentrate more on their household than all businesses, therefore two major taxes, one is income tax, other is National Insurance contribution. Income tax is our broader tax and it would cost him more money whereas National Insurance contribution focuses on people at work and would cost him a little bit less. Having a bit less money to play with, like that give as a clearer sense of the conservative priorities here because we know there might be an election coming . It is actually who that money goes to, where they want to target votes . That who that money goes to, where they want to target votes . Want to target votes . That is a very aood want to target votes . That is a very good question want to target votes . That is a very good question because want to target votes . That
It looks like hes going to concentrate more on the households rather than on businesses. And therefore, there are two major taxes that he could hope for, one is income tax and the other one is National Insurance contribution. Income tax is a broader tax and it would cost him more money, whereas National Insurance contribution focuses on people at work and will cost him a little bit less. Yeah, i mean having a bit less money to play with, i suppose, do you think perhaps that might give us a clearer sense of the conservative priorities here . Obviously, we know there might be an election coming. Its actually who that money goes to, where to target votes, maybe. That is a very good question because it does look like they are going to target consumers or households rather than businesses. Whereas if you look at what the priorities are in terms of raising growth potential, you do want to improve and get Business Investment growing faster. So that is really a very big question as to where th