News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

The Budget, the bonuses and the FN Fictional Five

It's bad news all round for the five people Financial News has used to assess the effects of recent UK Budgets. Tax changes announced by Chancellor of the Exchequer George Osborne yesterday will leave all of them worse off this year, and one even faces the prospect of keeping all four girlfriends in the same house

Bad news all round for Financial News' five fictional characters who we revisit each year to assess the effects of UK Budgets. Tax changes will leave all of them all worse off this year, but as well as the hits on salaries and bonuses, private jet tax could leave Alessandro facing the prospect of keeping all his girlfriends in a single house, while Caspar's domestic issues will take a turn for the worse once his wife claims she is shopping on the High Street.

As always, although their names, occupations, firms and styles of living are fictitious, the financial situations they face are real. We are grateful to PWC for calculating the financial impact of the Budget on them.

WSJ Logo