2025 Spring Statement

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Discussion

macron

Original Poster:

11,765 posts

181 months

Tuesday 18th March
quotequote all
So it's not a budget, definitely not, and with everything going swimmingly, what will we be treated to?

A so far uncosted £5bn of welfare cuts, see 15.29 here https://www.bbc.co.uk/news/live/c0jqjl9vg47t

The potential for a continued freeze of income tax thresholds beyond 2028, which she wimped out of 6 months ago

https://www.bbc.co.uk/news/articles/c79npj3eqdlo

What other treats do we have in store now we all appear to have council tax rises https://www.pistonheads.com/gassing/topic.asp?h=0&...

Utility bills are up again, we know national insurance is up for employers and stamp duty reductions are due to end.

https://news.sky.com/story/stamp-duty-rules-are-ch...

Is there any sign of a reprieve from this absolute onslaught? Any rabbits from hats? Or do we all just work to pay the train drivers now?

Earthdweller

16,022 posts

141 months

Tuesday 18th March
quotequote all
My understanding , though happy to be corrected, is that if it's not a budget then they can't put taxes up, only fiddle while Rome burns as it were

cheesejunkie

4,781 posts

32 months

Tuesday 18th March
quotequote all
Earthdweller said:
My understanding , though happy to be corrected, is that if it's not a budget then they can't put taxes up, only fiddle while Rome burns as it were
They can do what they want. But following protocol would imply certain restrictions. They're not mandatory conditions but if they're broken the media would go mad.


Jasandjules

71,044 posts

244 months

Tuesday 18th March
quotequote all
macron said:
Is there any sign of a reprieve from this absolute onslaught? Any rabbits from hats? Or do we all just work to pay the train drivers now?
Nope. This is a Labour Govt. They think they should have all our money and spend it how they like..

rdjohn

6,712 posts

210 months

Wednesday 19th March
quotequote all
Somehow, she has to fund Trump’s peace dividend.

Replacing Civil Servants with AI trying to recover the pre-pandemic 8% loss of productivity.

Keep NHS staff sweet while doing nothing to recover the pre-pandemic 19% loss of productivity

https://www.reuters.com/world/uk/uk-public-sector-...

P-Jay

11,042 posts

206 months

Wednesday 19th March
quotequote all
"I'm afraid there is no money" has never been so accurate. No rabbits, no hats.

This parliament started with national debt at around 100% of GDP, the highest tax burden in 70 years (aside from voting winning bribe of a cut late in the last one), a war in Europe & QE causing huge inflation, a failing public sector and crumbling infrastructure.

There isn't a simple solution that will allow a .25% base rate, 15% VAT, a Bobby on every street corner and a hospital bed each, certainly not with the real possibility of WW3

macron

Original Poster:

11,765 posts

181 months

Saturday 22nd March
quotequote all
No "tax and spend", Reeves says. Wonder what will be drip fed out in tomorrow's papers.

https://www.bbc.co.uk/news/articles/c78eg7dp9ypo

macron

Original Poster:

11,765 posts

181 months

Sunday 23rd March
quotequote all
OK so the worst kept secret is a cost redux across Whitehall.

https://www.bbc.co.uk/news/articles/cy5nzy403l0o

Rufus Stone

10,059 posts

71 months

Sunday 23rd March
quotequote all
macron said:
OK so the worst kept secret is a cost redux across Whitehall.

https://www.bbc.co.uk/news/articles/cy5nzy403l0o
An excellent idea. But as I doubt the civil servants will work any harder it will likely lead to a reduction with the quality of services. I've noticed HMRC going even further downhill recently.

macron

Original Poster:

11,765 posts

181 months

Wednesday 26th March
quotequote all
Still a mere billion quid short apparently.

https://www.bbc.co.uk/news/live/crmj0zxk7wyt

not going well this one, is it?

Rufus Stone

10,059 posts

71 months

Wednesday 26th March
quotequote all
macron said:
Still a mere billion quid short apparently.

https://www.bbc.co.uk/news/live/crmj0zxk7wyt

not going well this one, is it?
One billion is a rounding error when talking about government finances.

Gecko1978

11,381 posts

172 months

Wednesday 26th March
quotequote all
Rufus Stone said:
macron said:
Still a mere billion quid short apparently.

https://www.bbc.co.uk/news/live/crmj0zxk7wyt

not going well this one, is it?
One billion is a rounding error when talking about government finances.
Well no it's £1,000,000,000 which would pay an awful lot of salaries for teachers etc

Rufus Stone

10,059 posts

71 months

Wednesday 26th March
quotequote all
Gecko1978 said:
Well no it's £1,000,000,000 which would pay an awful lot of salaries for teachers etc
But the total Government revenue is over one trillion pa - 1,000 billion.

Dicky Knee

1,082 posts

146 months

Wednesday 26th March
quotequote all
Gecko1978 said:
Well no it's £1,000,000,000 which would pay an awful lot of salaries for teachers etc
Or 2 days of the NHS

Gecko1978

11,381 posts

172 months

Wednesday 26th March
quotequote all
Dicky Knee said:
Gecko1978 said:
Well no it's £1,000,000,000 which would pay an awful lot of salaries for teachers etc
Or 2 days of the NHS
I suppose in Rufus world an NHS than ran 363 days a year is fine just a rounding error right...unless you need to use it those 2 days

Carl_VivaEspana

14,559 posts

277 months

Wednesday 26th March
quotequote all
it's all very small beer and mystic meg predictions at the minute.


Convert

3,756 posts

233 months

Wednesday 26th March
quotequote all
Carl_VivaEspana said:
it's all very small beer and mystic meg predictions at the minute.
Or in other words a load of bks.

Carl_VivaEspana

14,559 posts

277 months

Wednesday 26th March
quotequote all
load of waffle and can kicking so far.

essayer

10,167 posts

209 months

Wednesday 26th March
quotequote all
Carl_VivaEspana said:
load of waffle and can kicking so far.
'blame the Tories'

Jinx

11,773 posts

275 months

Wednesday 26th March
quotequote all
Where is the £500 better off for working families the OBR calculated coming from? No changes the chancellor has made will put more money in peoples pockets (government doesn't pay the "living wage" - private companies do and they get it from their customers ergo every working person). Wages may be rising higher than inflation but mainly just public sector ones - with the increase in national insurance to non-protected jobs that will be funded by less jobs and lower wage increases.