| Budget Speculation - Part Deux 2025 20:43 - Sep 19 with 18400 views | JACKMANANDBOY |
This year the talk is about a range of tax rises to areas such as wealth, pensions and savings, fuel duty and property taxes. The clear risk here is that these measures will take money out of the economy as people move money between asset classes and the property market slows. A slow property market has a wide impact on legal services, building companies, DIY, furniture, white goods etc.
We are likely to see a lack of confidence in spending, combined with further pressure on some sectors pushing up prices and unemployment adding to today's problems.
Let's hope Reeves decides to stimulate confidence and get more money moving in the economy, the back benches seem to have won the day on Welfare Reform so I doubt it.
PS Why Part Deux, because the French are in the merde and we are not far behind them.
[Post edited 8 Oct 11:59]
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| Budget Speculation - Part Deux 2025 on 12:37 - Nov 11 with 1501 views | Boundy |
| Budget Speculation - Part Deux 2025 on 10:34 - Nov 11 by AnotherJohn |
Unemployment now inching above 5% (and that doesn't count economically-inactive persons of working age not registered as available for employment). Rachel' s increase in NI doesn't seem compatible with her growth agenda.
https://www.bbc.co.uk/news/articles/cdxrp7znkdlo |
Who'd have thought it , one chancellor so out of her depth it would be funny except it isn't aligned with an energy minister determined to decimate the country's chance of self sufficiency and with it the loss of thousands a upon thousands of specialised jobs and experience , an increase in welfare payments to many who only come here because atm they can .All this in the space of one year and a few months ,cant wait to see what more damage they can do should they, god forbid, last another 4 years. |  |
| "In a free society, the State is the servant of the people—not the master." |
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| Budget Speculation - Part Deux 2025 on 12:57 - Nov 11 with 1478 views | onehunglow |
Looks like the old and thrifty will pay for the young and feckless
That’s the ticket | |
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| Budget Speculation - Part Deux 2025 on 13:49 - Nov 11 with 1456 views | JACKMANANDBOY |
| Budget Speculation - Part Deux 2025 on 12:57 - Nov 11 by onehunglow |
Looks like the old and thrifty will pay for the young and feckless
That’s the ticket |
We seem to be heading for a tax raising budget that will impact those who have found their way in life to better paid jobs through experience or expertise, impact those who have created a business and jobs and impact those who have made provision for themselves.
The net result is greater dependency on the state with less money moving around the economy which will impact the tax take. | |
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| Budget Speculation - Part Deux 2025 on 13:54 - Nov 11 with 1454 views | Whiterockin |
| Budget Speculation - Part Deux 2025 on 13:49 - Nov 11 by JACKMANANDBOY |
We seem to be heading for a tax raising budget that will impact those who have found their way in life to better paid jobs through experience or expertise, impact those who have created a business and jobs and impact those who have made provision for themselves.
The net result is greater dependency on the state with less money moving around the economy which will impact the tax take. |
They don't care in 4 years they will be gone. |  | | |
| Budget Speculation - Part Deux 2025 on 14:11 - Nov 11 with 1449 views | raynor94 |
| Budget Speculation - Part Deux 2025 on 12:57 - Nov 11 by onehunglow |
Looks like the old and thrifty will pay for the young and feckless
That’s the ticket |
When Reeves tried to cut the ever burgeoning welfare bill she was soon shot down by the left wing backbenchers the tail is wagging the dog with Labour |  |
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| Budget Speculation - Part Deux 2025 on 16:15 - Nov 11 with 1414 views | max936 |
| Budget Speculation - Part Deux 2025 on 14:11 - Nov 11 by raynor94 |
When Reeves tried to cut the ever burgeoning welfare bill she was soon shot down by the left wing backbenchers the tail is wagging the dog with Labour |
Whenever I hear or read that saying I always remember that clown from the SCFCST saying that, it's still funny  |  |
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| Budget Speculation - Part Deux 2025 on 16:36 - Nov 11 with 1391 views | majorraglan |
| Budget Speculation - Part Deux 2025 on 12:57 - Nov 11 by onehunglow |
Looks like the old and thrifty will pay for the young and feckless
That’s the ticket |
I’ve no objection to paying a couple of quid extra for decent services, decent recents and a better infrastructure, but I’m not best pleased about paying any extra money out on benefits to those who can’t be bothered to work and make a contribution. It makes my blood boil. | | | |
| Budget Speculation - Part Deux 2025 on 17:09 - Nov 11 with 1375 views | Dr_Winston |
| Budget Speculation - Part Deux 2025 on 13:54 - Nov 11 by Whiterockin |
They don't care in 4 years they will be gone. |
This is what I'm most afraid of. A Government with nothing to lose and the ability to wreak a generational level of damage on the UK before they're done.
I'm currently working my way through "The Rest is History" podcasts on 1974 and the parallels are eerie. A bankrupt country with a permanently on strike workforce and a succession of weak Governments unwilling and unable to deal with the problems. That went on until the late 70's and ushered in Thatcherism.
There's nothing fundamentally wrong with the UK that a strong Government willing to piss people off couldn't fix, but we're approaching the tipping point where there are fewer people willing to accept what is necessary being done and those who will pretend that we can carry on as we are. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Budget Speculation - Part Deux 2025 on 18:22 - Nov 11 with 1311 views | trampie |
Greens talking about a wealth tax (UK people are for it big time) but apparently no other major party supports it because they are all in the main millionaires.
Green leader said to be the wrong type of Jew by opponents, eg apparently he thinks Israel is committing a genocide and he want Israeli sports teams banned, |  |
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| Budget Speculation - Part Deux 2025 on 18:55 - Nov 11 with 1300 views | Joesus_Of_Narbereth |
| Budget Speculation - Part Deux 2025 on 18:22 - Nov 11 by trampie |
Greens talking about a wealth tax (UK people are for it big time) but apparently no other major party supports it because they are all in the main millionaires.
Green leader said to be the wrong type of Jew by opponents, eg apparently he thinks Israel is committing a genocide and he want Israeli sports teams banned, |
He can also make your tits bigger with the power of his mind. |  |
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| Budget Speculation - Part Deux 2025 on 19:23 - Nov 11 with 1269 views | JACKMANANDBOY |
| Budget Speculation - Part Deux 2025 on 18:55 - Nov 11 by Joesus_Of_Narbereth |
He can also make your tits bigger with the power of his mind. |
I think he said you can grow women's breasts by hypnotising them, I'm not sure if he meant hypnotising the women or their breasts, anyway he's going to get Putin to give up his nukes by asking him nicely apparently. | |
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| Budget Speculation - Part Deux 2025 on 19:46 - Nov 11 with 1252 views | Joesus_Of_Narbereth |
| Budget Speculation - Part Deux 2025 on 19:23 - Nov 11 by JACKMANANDBOY |
I think he said you can grow women's breasts by hypnotising them, I'm not sure if he meant hypnotising the women or their breasts, anyway he's going to get Putin to give up his nukes by asking him nicely apparently. |
Yes a professional charlatan and proven con artist attempting to become prime minister.
Sounds like he’s overqualified for the job if anything. | |
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| Budget Speculation - Part Deux 2025 on 22:59 - Nov 11 with 1184 views | onehunglow |
Increasing taxes to keep illegals
Were screwed | |
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| Budget Speculation - Part Deux 2025 on 03:47 - Nov 12 with 1149 views | AnotherJohn |
The problems seem to be crowding in thick and fast. The latest news is that the number of universal credit claimants not required to seek work is now over 4 million, or almost half of all those on UC.
https://www.thetimes.com/uk/politics/article/one-million-more-people-claim-benef
I share MajorR's concerns about choosing a life on benefits ahead of work, although I don't know if my main emotion is anger with the claimants or dismay to see how many Labour MPs are backing a completely unsustainable way forward. It seems that many back even higher spending, whether by ending the two-child benefit cap or reviewing the issue of compensation for Waspi women. Starmer's position seems to be increasingly under challenge, but those further to the left who wish to replace him seem to have no understanding of the limits of state borrowing and what this will mean to the bond markets. Do they really believe that a wealth tax can solve all our problems with so many economically-inactive persons of working age supported by benefits? | | | |
| Budget Speculation - Part Deux 2025 on 07:43 - Nov 12 with 1073 views | trampie |
A wealth tax is not taxing income but wealth, it could solve a lot of the country's problems and help mitigate any need to drastically cut services and benefits and also might prevent the possible need to raise taxes on income. | |
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| Budget Speculation - Part Deux 2025 on 17:01 - Nov 23 with 699 views | JACKMANANDBOY |
Looks like we are in for a range of tax increases that will take money out of the economy, just like last time which is why she is coming back for more and will have to come back again. | |
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| Budget Speculation - Part Deux 2025 on 13:39 - Nov 25 with 578 views | Whiterockin |
| Budget Speculation - Part Deux 2025 on 17:39 - Oct 21 by Whiterockin |
If someone is entitled to the benefit thats fine, but its probably the most abused benifit in the UK. Just tell all manufacturers to supply the price for one model each and offer no choice. Motorbility should be a basic benifit, not son in laws driving round in luxury cars because they take their mother in law to the supermarket once a week is a piss take. |
Thank goodness its starting to get tightened up.
Mercedes and BMW cars removed from Motability scheme https://mol.im/a/15323945 [Post edited 25 Nov 13:43]
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| Budget Speculation - Part Deux 2025 on 22:42 - Nov 25 with 505 views | JACKMANANDBOY |
Looks like more costs on businesses which will be passed onto customers (us). | |
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| Budget Speculation - Part Deux 2025 on 09:58 - Nov 26 with 416 views | Gwyn737 |
| Budget Speculation - Part Deux 2025 on 03:47 - Nov 12 by AnotherJohn |
The problems seem to be crowding in thick and fast. The latest news is that the number of universal credit claimants not required to seek work is now over 4 million, or almost half of all those on UC.
https://www.thetimes.com/uk/politics/article/one-million-more-people-claim-benef
I share MajorR's concerns about choosing a life on benefits ahead of work, although I don't know if my main emotion is anger with the claimants or dismay to see how many Labour MPs are backing a completely unsustainable way forward. It seems that many back even higher spending, whether by ending the two-child benefit cap or reviewing the issue of compensation for Waspi women. Starmer's position seems to be increasingly under challenge, but those further to the left who wish to replace him seem to have no understanding of the limits of state borrowing and what this will mean to the bond markets. Do they really believe that a wealth tax can solve all our problems with so many economically-inactive persons of working age supported by benefits? |
I don’t think any party would be radical enough to do it but here’s an idea that I think would improve a number high ticket issues - delay formal schooling until children are 6.
This would be dependent on moving nursery and pre-school provision into schools.
Reasons and positives are:
1. Childcare is expensive and difficult to find as small nurseries and sole traders can’t make money out of it anymore. Schools have the personnel and economies of scale to do this both well and cheaper
2. Schools can then act as a hub for children’s services and health. The contacts already exist and there’s a big saving in manpower if outside agencies don’t have to interact with multiple settings. Stronger relationships between services can be formed.
3. Children get lost in the Early Years system (or don’t arrive at all) and turn up at school with multiple issues that aren’t known about. Those children find it very hard to catch up. Getting them into the school environment early means these vulnerable children have the right eyes on them.
4. We’re an outlier when it comes to starting formal schooling. We’re forcing children into a system they are not ready for. They then get diagnosed with Special Needs or mental health issues when in many cases they’ve just got a bit or maturing to do. I’m convinced this is a big reason why 1 in 8 18-25 year-olds are not in work for mental health reasons – they’ve been told their entire school career that they’ve failed, or they don’t have to do anything because of their condition. Not very conducive for entering the world of work. | | | |
| Budget Speculation - Part Deux 2025 on 11:59 - Nov 26 with 372 views | JACKMANANDBOY |
OBR Budget documents published before the budget! | |
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| Budget Speculation - Part Deux 2025 on 16:50 - Nov 26 with 325 views | Dr_Winston |
Unsustainable.
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| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Budget Speculation - Part Deux 2025 on 17:06 - Nov 26 with 316 views | JACKMANANDBOY |
| Budget Speculation - Part Deux 2025 on 16:50 - Nov 26 by Dr_Winston |
Unsustainable.
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The budget is pretty much business as usual steady growth in taxation and welfare spending with no real shift in economic performance. Something needs to change or we are going to be in decline. | |
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| Budget Speculation - Part Deux 2025 on 20:53 - Nov 26 with 260 views | Gwyn737 |
| Budget Speculation - Part Deux 2025 on 16:50 - Nov 26 by Dr_Winston |
Unsustainable.
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I think it’s worth noting that about half of that is on pensions. | | | |
| Budget Speculation - Part Deux 2025 on 21:34 - Nov 26 with 231 views | majorraglan |
Many outlets reporting the real surprise about the budget was that the government's financial position is nowhere near as bad as had been suggested in the run-up. That said, “Middle England” is being squeezed and expected to pay more in taxes to support the increase in “state benefits.
The question I’d pose is this budget going to make work pay? Based on what I’ve read so far the jury is out, but I can’t see many incentives to encourage people off benefits and in to work. I’ve no issue paying a little extra for better medical services so I can see a doctor when I want to, get an MRI when I need one etc, paying for the roads, care for the elderly, but I can’t say I’m too pleased about shelling out for someone who’s decided to have 5 or 6 or 8 kids and who doesn’t (or may never) have worked. If there’s a need to increase the amount being paid, why not increase it peace-meal, 3 kids you get full allowance for first 2, 60% for the 3rd, 25% for the fourth and nothing after that, with maybe an exception for a multiple birth e.g. triplets or quads during a second or third pregnancy pushing a parent over the threshold. | | | |
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