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P&R's two-pronged budget approach under fire

P&R's two-pronged budget approach under fire

Summary

Guernsey’s Policy and Resources committee (P&R) has proposed two budget options for 2027, aiming to balance spending and support economic growth. Some deputies criticized the budgets, saying they do not help everyday people enough and worry about increased government spending.

Key Facts

  • P&R submitted two different budget plans for deputies to consider.
  • The budgets include raising income tax allowances and lowering tax on a pint of beer.
  • P&R wants to create a £15 million fund to encourage economic growth.
  • The plan also includes stopping mortgage interest relief by 2029.
  • Some politicians want to increase tax caps to raise more money.
  • Others are concerned the budgets encourage too much spending.
  • A proposal to freeze fuel taxes was mentioned to help families.
  • P&R says spending cuts are difficult and theirs only cover half of committee requests.
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